Conestoga offers voluntary early retirement packages

CTV News reports that Conestoga College has enacted a “voluntary early retirement incentive program.” The program would provide eligible employees who opt to retire with a year’s salary. Conestoga union head Leopold Koff told Cambridge Today that approximately 160 staff and faculty are eligible for this round of offers. The Waterloo Record reports that Conestoga President John Tibbits recently reassured employees that the college is “in a solid shape” due to its financial reserves and positioning, and will not need to undertake the type of cuts seen at some other colleges.

Cambridge Today | CTV News | Waterloo Regional Record (1) | Waterloo Region Record (2)