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...announcement of the cuts—which University President Drew G. Faust described in a complementary e-mail as "modest in comparison to the overall size of our University-wide staff, but nonetheless painful"—caps weeks of swirling speculation that Harvard would seek to conduct layoffs shortly after Commencement activities. The downsizing is one of the most prominent budget-cutting measures to date following a semester of fiscal anxiety that has seen the trimming of student services, the curtailing of capital projects, and the implementation of a sweeping early retirement incentive program for staff...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Announces Impending Layoffs | 6/23/2009 | See Source »

While these actions have helped us reduce expenses, we nevertheless have more we must do. In the coming days, Harvard’s Schools and units, as well as its central administration, will be carrying out a reduction in the size of our workforce — modest in comparison to the overall size of our University-wide staff, but nonetheless painful for those people directly affected, as well as for our community as a whole. Most of the Schools will carry out the process this week; the Faculty of Arts and Sciences, the Medical School, the central administration...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Announces Impending Layoffs | 6/23/2009 | See Source »

...link between more spending and better care. The good news is that parts of the country provide care at a low cost, so there's potential for gigantic savings if the rest of the U.S. could imitate them. One Dartmouth study found that if nationwide spending had mirrored the modest rate of that in Rochester, Minn. - where care is dominated by the renowned Mayo Clinic - Medicare would have reduced its costs for chronically ill patients by $50 billion from 2001 to 2005. As the old inflation-adjusted saying goes, pretty soon you're talking about real money...

Author: /time Magazine | Title: How to Cut Health-Care Costs: Less Care, More Data | 6/23/2009 | See Source »

When she was 15, Kluver and her mom, who live in Wisconsin, formed their own publishing company to publish Legacy. Sales were modest, but the book attracted some rave reader reviews on Amazon.com At 16, when most authors are years away from getting their first big break, Kluver is getting her second: this August, Amazon is going to relaunch Legacy on a grand scale...

Author: /time Magazine | Title: Is Amazon Taking Over the Book Business? | 6/22/2009 | See Source »

...greater participation in the program among Harvard's various schools, which have different admissions timelines, tuition expenses, and institutional aid budgets."From the beginning we were concerned that if the VA required a one-size fits all approach across the whole campus...you could end up with a more modest level of participation," she said. "We thought it'd maximize it to have a more flexible approach, since schools handle their own aid budgets. Ultimately the decision came down to what deans felt they could do."Day also noted that different schools at the University have widely varying aid policies...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Schools Vary Widely In Level of Support for Veterans Aid | 6/18/2009 | See Source »

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