Two colleges have announced workforce reductions this week in efforts to stabilize their financial situations. At Fanshawe College, approximately 60 more positions will be cut over the summer months, which will bring the college to its target of eliminating 500 full-time equivalent positions through various measures. Fanshawe President Peter Devlin said that the college has narrowed its deficit from $50M to $10.9M and that it expects to return to a surplus in 2028–29. Nova Scotia Community College will be laying off 45 employees, which will cut 91 positions in response to a $15M shortfall. In a letter to the community, NSCC Acting President Anna Burke explained that the college’s high proportion of wage expenses necessitated the staffing cuts to reduce its shortfall.
