Sunday, December 27, 2020

Officials conclude expected layoffs as part of COVID-19 financial mitigation - Zach Schonfeld, GW Hatchet

 Officials announced Friday they have laid off 339 employees and have concluded all expected layoffs to mitigate the financial impact of the COVID-19 pandemic. Provost Brian Blake and Chief Financial Officer Mark Diaz told employees in an email that the layoffs saved GW $32 million – roughly 18 percent of the University’s projected annual budget gap – and impacted 29 different units. Officials had signaled last month that layoffs could continue into the future, declining to say when they would be completed.

https://www.gwhatchet.com/2020/12/11/officials-conclude-expected-layoffs-as-part-of-covid-19-financial-mitigation/