Word: nonetheless
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Dates: during 2000-2009
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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...
...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, and several of the allied institutions will follow, beginning on June...
...Nonetheless, Kalb said that a significant shift has already taken place: “People are prepared to go into the streets and say things they have been afraid to say or not willing to say in the past 25 years...
Most staff workers had forecasted the news for months, and the unprecedented fiscal slump had left no budget-cutting measure too improbable to consider. But the reality of losing 275 employees in one sweep has nonetheless aroused the bitterness of staff members who learned Tuesday morning of the downsizing to come...
...home prices to decline 16.5%; now they foresee just a 14% decline. That mildly upbeat news does not hold true for the New York City area, however, which is expected to see a 40.6% drop. While that is also a slight improvement from the March forecast, it is dire nonetheless. (See photos of the global financial crisis...