Loyalist announces 36 faculty layoffs, no program changes

Loyalist College recently released its annual report and shared several updates on its financial status and adaptations. The Belleville Intelligencer reports that the college has confirmed that 36 full-time faculty positions have been cut, but there are no further program suspensions at this time. 91X FM and Quinte News report that the Government of Ontario has offered Loyalist a $25M emergency loan, which would be subject to certain conditions. Kirkpatrick issued a statement to indicate that financial statements did not reflect measures taken to strengthen the college’s financial position and that the college is confident in its near and long-term future.

Loyalist (PDF) | 91X FM | Belleville Intelligencer | InQuinte | Quinte News (Layoffs) | Quinte News (Loan)