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

Endowment Value Declines 29.5% as Investment Return Is Negative 27.3%

Harvard Management Company's annual report quantifies the punishing decline in the value of the University's endowment.

Finding a New Footing

An update on the University's economic situation

Katherine Lapp Named Executive Vice President

University of California EVP succeeds Edward C. Forst '82.

"Resizing," before "Reshaping"

The Faculty of Arts and Sciences tackles a massive budget crisis.

"Thank You, Alumni"

Reunioners and seniors of 2009 give the University a welcome assist.

Harvard Layoffs Update, and More "Reshaping" to Come

School-specific news on layoffs; FAS cost-cutting working groups; and the endowment's forward commitments

Layoffs Begin

The University has begun laying off employees, part of its efforts to reduce costs to cope with the projected 30 percent decline in the value of the endowment.

The Early Retirees

The University has disclosed information on the staff members, by school, who were offered and who accepted its voluntary early-retirement incentive program.