U of King’s College seeks reduction in workforce, implements voluntary retirement program

The University of King’s College is seeking to reduce its workforce in light of financial challenges. U of King’s College VP Tim Currie told CTV News that the university aims to reduce its workforce by 14 employees in response to inflation, recruitment competition, and revenue challenges. To incentivize voluntary retirements, the university has launched a Workforce Adjustment Program. Currie explained that while the university hopes to avoid involuntary layoffs, employee interest in the program would determine the institution’s next steps.