Hebrew University to make massive cuts in wake of NIS 200 million shortfall
Positions to be slashed and departments merged as HU struggles with dwindling revenues and huge pension payments.
The Hebrew University of Jerusalem will be forced to make drastic cuts in order to close an expected NIS 200 million deficit. The university has already started to implement a recovery plan, drafted in the wake of the preparation of the 2013 budget which showed a shortfall of NIS 190 million in revenues.
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