The administration laid off 30 full-time faculty members on Dec. 29 as part of Rider President John Loyack’s March to Sustainability Plan. The move comes after the administration went to arbitration with Rider’s faculty union over how to layoff... — read more
N.J. university in financial crisis will lay off 40 professors, cut everyone’s pay
A private university in Mercer County will lay off up to 40 full-time faculty members, slash salaries by 14% and make other cuts due to escalating financial problems, campus officials... — read more
"Rider University cuts student newspaper budget amid wider reductions"
https://www.highereddive.com/news/rider-university-cuts-student-newspaper-budget/726095/
31 positions cut
https://www.insidehighered.com/news/business/cost-cutting/2024/08/05/declining-enrollment-fafsa-issues-drove-more-cuts-july
"US Small Colleges Battered by High Costs, Enrollment Declines"
https://www.bloomberg.com/graphics/2023-us-higher-education-analysis/
"Moody's downgrades Rider University, NJ's issuer and debt ratings to B2; ratings under review for downgrade"
https://www.moodys.com/research/Moodys-downgrades-Rider-University-NJs-issuer-and-debt-ratings-to--PR_908048802
Title IX failures
"In each instance, each young woman voiced a similar experience: complaints filed with Rider’s Title IX officials remain unresolved — frequently open for months or more than a year — caught in a system that leaves students feeling helpless and... — read more
Rider University Receives Junk Bond Rating
“The rating downgrade to Ba2 from Ba1 reflects Rider University’s continued very weak operating performance, reliance on a line of credit and recent increase in leverage, largely for working capital needs,” Moody's analysts wrote. “While the... — read more
Bond rating downgraded again
"The lower bond rating continues a downward trend for Rider. In April 2020, Moody’s downgraded Rider’s rating to Ba1 with a negative outlook....The university’s financial problems are complicated by the need to negotiate a new contract with its... — read more
Rider University Layoffs Part of College Meltdown
"Rider Could Lose Millions On Westminster Sale, Report Says: The university may lose between $5 million and $13 million on the sale of the choir college, the Princeton Packet reports."... — read more
The deal should cancel layoffs at Rider
Keep your fingers crossed for now, I hope we have no layoffs in 2016
Anybody from Rider on this board?
NO action here, how about some layoffs news and Q4 of 2014?