The New School to Reduce Workforce by 15% by Summer

The New School to Reduce Workforce by 15% by Summer

The New School has informed its faculty and staff of impending layoffs affecting 15% of its full-time workforce. This decision was outlined in a campus-wide email sent to the university community, highlighting the institution’s approach to mitigating financial difficulties.

The layoffs are anticipated to conclude by June, as the university seeks to realign its financial strategy. This measure is part of a broader response to economic pressures faced by the institution.

University officials have attributed the need for these reductions to a decline in student enrollment coupled with rising operational expenses. These factors have contributed significantly to the financial strain prompting the planned downsizing.

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