Jewish Star: Richard Joel Fires 60 at Yeshiva University

It appears the financial crisis and the Madoff + Merkin crisis has hit Yeshiva U hard.

The Jewish Star reports that President Richard Joel has announced 60 sudden layoffs at the University.

Sad to say, abrupt layoffs like these at a non-profit are especially damaging to its reputation. It signals poor leadership and it will make recruiting on the campus more difficult for a long time.

Makes us wonder what else is going on over there in Washington Heights. Stay tuned.

[Hat tip to Henry.]

1 comment:

Dave Weinberg said...

Come to the event sparked from this news... help ppl get their lives back. Party, network, meet new ppl.

This Thurs, Feb 12th at Mt Siani (Heights) from 8-10pm.