Layoffs part of measures to reduce deficit at Nipissing

March 10, 2009

In an effort to reduce a projected $4-million budget shortfall, Nipissing University has cut 10 support staff and management positions. In addition, all senior administrative salaries above $100,000 have been frozen, 5 sabbatical replacements will not be approved for 2009-10, certain positions and contracts will not be renewed, and service hours in some areas have been reduced. The budget shortfall comes as the result of annual increases in operating costs, a projected modest enrolment decrease, and the devaluation of endowment funds due to the economic downturn. Nipissing News | North Bay Nugget