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Galvin declined to comment on the cost savings achieved by the cuts, but said that the layoffs announced today represent a "significant step" in aligning Harvard with its current fiscal reality. He added that while administrators "do not have any current plans for additional University-wide reductions," the need for further budget cuts could not be ruled out as Harvard reshapes itself in a volatile global financial environment...
...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...
...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, and several of the allied institutions will follow, beginning...
Looked at one way, the results of the European parliamentary elections, held across the European Union's 27 member states last week, can be seen as a continent-wide rejection of the center left and an embrace of the center right - with some far-right candidates doing well, too. Socialist and social democratic parties were badly beaten, despite the global economic crisis and misgivings in Europe about unbridled capitalism. "Voters do not want socialism, they want a market system that works," reckoned Corien Wortmann-Kool, who was re-elected for the Dutch center-right CDA party...
...question for foreigners is how actively to encourage North Korea's Internet integration. An initiative of the American Association for the Advancement of Science - also currently stalled because of the recent chill in bilateral relations - would pave the way for North Korean access to a wide swath of online university databases. That could provide critical assistance to Pyongyang's multiple development challenges, including growing enough food to feed its people; the country suffered a famine in the mid-'90s that claimed 2 million to 3 million lives and still suffers chronic malnutrition...