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Harvard Spending Cuts: A Pandemic Update | Harvard Magazine

Looking toward the next fiscal year, they addressed concerns about “further cost reductions that might be needed in the coming months, including layoffs or furloughs,” and wrote that they are working “to gain a more complete picture of the financial conditions of the University” and to “determine what other steps are necessary to respond to the financial impact of the pandemic on our operations.” They will communicate further when more information is available.

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