Results tagged “harvardendowment”

Layoffs have been hanging over the heads of Harvard employees like the sword of Damocles since word of staff reductions started to circulate in February. Today, Harvard President Drew Faust let workers know that the string was about to snap, the sword was about to fall, and heads were about to roll. 275 heads, to be exact.

The Harvard Crimson reports that the Harvard College Library plans to sacrifice its staff to the Great God Endowment Collapse. After discovering that it will have to slash $12 million from its budget, the HCL has decided that layoffs are unavoidable and that surviving staff will be moved around the library like the skeleton crew of a damaged Battlestar. We can only hope that the line item for Harvard Film Archive director Haden Guest's coiffure remains undisturbed, lest Cambridge lose the secret source of its great power. [Harvard Crimson]

• Tuition stays steady, but fees may increase. [Globe]
• Lose $8 billion, lose your job. Harvard fires endowment workers. [Herald]
• Everyone should be very concerned when an athlete smokes marijuana at a time when he is not athletically competing. [NYT]

. So we made a handy list of what $8 billion can get you in 2008 in Boston and beyond: