Word: radcliffeã
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Just last month, the Radcliffe Institute for Advanced Study slashed its workforce by over a quarter, letting go of 33 workers. Radcliffe officials attributed the cuts to a budget crisis and to Radcliffe??€™s metamorphosis from a womens’ college into a research institute. A few months earlier, a Graduate School of Education (GSE) accountant discovered $2 million of previously unknown debt, resulting in 13 job cuts. And back in February, the University reorganized its payroll office by firing the entire staff and rehiring most of its approximately two dozen employees. Three were laid...
Randy Fenstermacher, a HUCTW member and library employee, said union membership hadn’t been told about layoffs like the ones at Radcliffe??€”even though union leaders knew of financial difficulties at the Institute for months preceding the July cuts...
They also are in line with Radcliffe??€™s evolution, she and other officials at the Institute said. The former women’s college ceased to exist as independent entity when it formally merged with Harvard...
...Radcliffe??€™s shrinking alumnae population both helped motivate and provided a target for the cuts in staff...
...cuts will improve the Institute’s financial situation in the long term, but according to Richardson its budget will still take a hit this year because of Radcliffe??€™s heavy investment in severance packages for the fired workers...