COVID-19 impact: Harvard, MIT announce salary, hiring freeze
Published By : Prameya News Bureau | April 19, 2020 IST
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New York, April 19: According to a report in The Harvard Crimson, the daily student newspaper of Harvard University, prestigious US educational institutions are effecting salary and hiring freeze due to the economic impact of the cornavirus crisis. Harvard University and Massachusetts Institute of Technology are implementing salary and hiring freeze,the report said adding that their top leadership will take pay cuts as part of "hard choices" to control costs. Harvard was "instituting an immediate university-wide salary and hiring freeze, cancelling or deferring discretionary spending, and considering deferring all capital projects, the report added. University President Lawrence Bacow, Executive Vice President Katherine Lapp and University Provost Alan Garber will each cut their salaries by 25 per cent, Bacow has announced in an email to Harvard affiliates.
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