Harvard to lay off 275 - Tracy Jan, Boston Globe

Harvard University announced this morning that it plans to lay off 275 staff members as the college grapples with budget pressures caused by a precipitous endowment decline. In a letter to the Harvard community this morning, President Drew Faust said the reductions at most of Harvard’s 10 schools will begin this week. Staff cuts at the Faculty of Arts and Sciences, the university’s largest school, the medical school, and the central administration will start next Monday. "Such decisions, in their human dimensions, are among the hardest that an institution like ours can make," Faust wrote. "But difficult circumstances have called for difficult decisions across the university."