McGill University in Montreal, Canada, is implementing cost-cutting measures, including layoffs and the suspension or downsizing of certain activities, to address a projected $45-million deficit in the next fiscal year. The university blames the deficit partly on new Quebec government policies that have reduced enrolment revenue and increased tuition for out-of-province students. McGill also acknowledges partial responsibility for the situation, stating that its operating expenses have been outpacing revenue growth.
McGill University says it plans to suspend or downsize some activities and reduce faculty and staff through attrition and layoffs.McGill University is planning cost cuts and layoffs to address a projected $45-million deficit next fiscal year, which it blames partly on new Quebec government policies.
The university says in a statement that it plans to suspend or downsize some activities and reduce faculty and staff through attrition and layoffs.
LAYOFFS EDUCATION FINANCES UNIVERSITY GOVERNMENT POLICIES
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