Saturday, February 21, 2009
Filled Under: Cost cutting
Harvard to offer early retirements to save money
Harvard University, the world’s richest, said on Wednesday that it will hold salaries flat for the next academic year, let staff retire early and slow construction of a new campus in Allston to save money. Harvard President Drew Faust wrote to students, faculty and staff on Wednesday, saying that the economic downturn will require “taking some difficult steps.
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