"The plan was announced to college employees late last month. If not enough of the 1,100 employees leave, either through retirement or buyouts, involuntary layoffs are a last resort. College officials are hoping to shrink staffing costs by $8 million dollars, or about 10 percent of current levels."
http://www.wcax.com/content/news/Middlebury-College-weighing-steep-faculty-cuts-488131921.html