Monday, June 1, 2015

After years of losing money, Syracuse University tightens its belt and its mission - Marnie Eisenstadt, Syracuse

Syracuse University Chancellor Kent Syverud grew up outside of Rochester. The lesson of Eastman Kodak is part of his DNA. He does not want Syracuse University to be the next Eastman Kodak. That company's leadership looked the other way as digital technology forever changed photography. The company that once had 145,000 workers across the globe has roughly 8,000 now. "I feel a moral obligation to the people who work here and the students here to anticipate changes in the world," Syverud said. "Rather than saying, 'I'm sorry, we didn't anticipate change and now you're up a creek.' And that's what we're working on here." http://www.syracuse.com/su-news/index.ssf/2015/05/after_years_of_losing_money_sy.html