Last week, the University of Lethbridge met with staff at a townhall-style meeting to discuss an expected $11-million budget shortfall between 2010 and 2012. Among the repercussions: any vacancies due to retirement or attrition won’t be filled unless they’re deemed essential.
The previous week, Brandon University announced it was leaving five per cent of its faculty jobs vacant for the 2009-2010 academic year to help find more than $1.2 million in savings to balance its budget.
Many other Canadian universities are also spilling red ink due to the economic downturn. Reactions range from job cuts to hiring freezes, pay cuts for senior administrators, higher fees and more.
Not all universities are in dire straits, but overall the list makes for pretty sober reading.