University News

Breaking developments, leadership announcements, and policy changes from across Harvard’s schools and administration.

Harvard Layoffs Continue, with More to Come

In the wake of federal government actions, several Harvard schools and institutes are cutting costs.

by Jonathan Shaw

Harvard's Library System to be Restructured

The intellectually extraordinary but decentralized system needs administrative, financial, and technological reorganization, according to the Task Force on University Libraries.

$11 Billion Less

A status report on the state of the endowment

FAS's Progress--and Prognosis

An early-semester financial talk by the dean

The "New Normal"

President Faust opens the academic year with a State of the University address.

"Two Radically Different Worlds"

Faculty of Arts and Sciences Dean Michael D. Smith outlines academic progress and details financial problems in his 2009 annual report.

Harvard's Annual Financial Report Fully Details 2009 Losses

The endowment, the University's cash accounts, large swap losses, and more.

FAS Appoints New Financial and Administrative Dean

Leslie Kirwan fills a critical position as the faculty works to close a $110-million budget gap.

Yale's Endowment Performance Edges Harvard's

Yale reported sharp losses, but narrowly bested Harvard's results--preserving a large margin of long-term superior investment performance.

FAS’s Financial Hole: A Little Less Deep

Dean Michael D. Smith details hard-won budget improvements--and the challenges remaining.

Yale Capitulates

Eli President Richard C. Levin signals deeper endowment losses and spending cuts. What are the implications for Harvard's finances?