Colby-Sawyer College Cutting 18 Jobs in Restructuring

Published: 12/6/2016 11:56:58 AM
Modified: 12/6/2016 11:57:02 AM

New London — Facing a projected operating loss of $2.6 million for the current year, Colby-Sawyer College today said it would “restructure” and lay off 18 employees.

Seven faculty members and 11 staffers on Monday received notice of intent to separate, according to an announcement this morning from the college president, Sue Stuebner. Another 11 workers learned that Colby-Sawyer will reduce their hours, and more than a dozen other employees who were already departing will not be replaced.

Stuebner attributed the current year’s operating loss, which followed two years of $2 million losses, to recent fluctuation in Colby-Sawyer’s enrollment, which went from about 1,500 four years ago to 1,100 this year.

In her announcement, the recently appointed college president said that school officials had found $410,000 in savings in contracted services, health insurance and other administrative costs.

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Posted Tuesday at 11:45 a.m. For a full report, see Wednesday’s Valley News.




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