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...some—especially staffers??the layoffs of the past year remained a sore spot. Jane Collins, a staff assistant in the Harvard College Dean’s Office, asked Smith if it seemed “fair” that over a hundred custodians were laid off without instituting cuts in the salaries of the highest paid employees in the University. [SEE CORRECTION BELOW...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: FAS Cuts $220M Deficit in Half | 9/16/2009 | See Source »

...next few years. “The financial crisis has created the opportunity for change in a way that might not have existed if it hadn’t happened,” Mendillo says. And while HMC announced in February that it would lay off roughly 50 staffers??part of Mendillo’s desire to “rebalance the company to better suit the portfolio I want to have going forward”—it is now actively looking to hire some top-notch internal traders as well.A LEARNING EXPERIENCEWhile she has tackled...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Despite Tough Year, New HMC Chief Remains Optimistic | 6/3/2009 | See Source »

...considering the option of slicing operation costs by cutting one-on-one advising for the month of July, according to Interim Director Robin E. Mount. In early April, the University will assess the expected figures for next year’s budget based on the number of eligible staffers?? that have accepted the retirement incentive package. Eligible employees are those over 55 years of age who will have worked at the University for at least a decade by June 30. According to Mount, if a substantial number of employees accept the package, then the University-mandated budget cuts will...

Author: By Bita M. Assad and Ahmed N. Mabruk, CRIMSON STAFF WRITERSS | Title: OCS May Cut July Advising | 3/16/2009 | See Source »

...University announced its early retirement plan Tuesday as a way for eligible staffers??those over 55 years of age who have worked at the University for at least 10 years as of this June 30—to voluntarily choose early retirement, relieving pressure on the University’s dwindling resources. Harvard officials said yesterday that each incentive package would likely consist of a lump-sum payment...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Harvard To Offer Retirement Incentives Next Week | 2/11/2009 | See Source »

...also remains possible that retiring now in the midst of a bleak financial climate may not be an appealing option for many staffers??even with increased pension benefits...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: FAS Considers Retirement Package | 2/10/2009 | See Source »

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