University cuts 100 professors, dozens of programmes

The pace of change at Laurentian University, which is in the midst of insolvency negotiations, is speeding up as termination notices for faculty and staff at the Sudbury, Ontario, school started to roll out on the morning of Monday 12 April, reports CBC News.

A total of 100 Laurentian University professors were dismissed during meetings organised by the human resources department. The latest news from the Laurentian administration said 58 undergraduate programmes would be closed (107 would remain open) and 11 graduate programmes would be shut (33 to remain open). The layoffs among teaching staff will officially take effect on 15 May.

The Companies’ Creditors Arrangement Act allows for creditor protection, so financially troubled organisations can remain in operation while restructuring. Laurentian says it plans to reduce costs by paring down the number of programmes it offers and trimming faculty positions.
Full report on the CBC News site