Separation Incentive Program News Today

Penn State University officials announced Tuesday that nearly 400 of its Commonwealth campus employees have accepted a buyout, resulting in a 10% reduction in u

Penn State University is switching to a regional model of overseeing many of its branch campuses and will bring New Kensington and Fayette under the direction of Chancellor Megan Nagel at the Greater Allegheny campus in McKeesport. It is the latest in a series of moves to confront sharp declines

California State Monterey Bay announced it was parting ways with 16 employees in an ongoing effort to reduce a nearly $12 million structural deficit.

23.02.2024 - Graham Holdings Company (NYSE: GHC) today reported its financial results for the fourth quarter and full year of 2023. The Company also filed its Form 10-K today for the year ended December 31, 2023 with the Securities and Exchange Commission. ...

Graham Holdings Company today reported its financial results for the fourth quarter and full year of 2023. The Company also filed its Form 10-K today for the year ended December 31, 2023 with the...

It has been two weeks since news of DePaul’s sizable $56.5 million budget gap broke. Since then, a handful of developments have occurred including a student protest and the non-renewal of six term faculty contracts.  On April 20, DePaul President Robert Manuel shared an update in “Notes from Rob” via Newsline, outlining target dates for...

“What if I don’t leave, would I then be someone who could potentially lose my job?”  This is one of many prominent questions Victoria Van Kirk, president of Staff Council and a representative on the Strategic Resource Allocation Committee (SRAC) says is on the minds of current staff members at DePaul in light of the...

24.02.2023 - Graham Holdings Company (NYSE: GHC) today reported net income attributable to common shares of $67.1 million ($13.79 per share) for the year ended December 31, 2022, compared to $352.1 million ($70.45 per share) for the year ended December 31, 2021. ...

LOS ANGELES-There is nothing more boring than a budget hearing schedule. I attended my first ever budget kickoff for the County of Los Angeles and was informed by Mike Antonovich that I would be given sixty seconds to address the entire $28 billion budget at the time.   I thought that seemed right as no other speakers, save the chap from SEIU had shown up. I dragged out the government code Government code 29080 and 29081 which were cited by the presiding Mayor of the Board of Supervisors and...

Budget Gap Widens as Mayor and City Council Bow to Union Demands Details LA WATCHDOG--Once again, Mayor Eric Garcetti, City Council President Nury Martinez and the other three Councilmen (Koretz, Krekorian, and Buscaino) on the Executive Employees Relations Committee placed the interests of the City’s public sector unions ahead of the financial integrity of our City and the best interests of all Angelenos.   On February 5, the City Administrative Officer updated h...