Monday was one of the worst days on record for the Laurentian University community, with the news roughly 100 professors lost their jobs and dozens of programs were cancelled leaving students, staff and other interests reeling.
As Laurentian manoeuvres the insolvency process, the job and program cuts are the most stunning development yet, the result of an academic senate vote last week that aims to help the financially beleaguered university restructure operations.
Laurentian's court proceeding under the Companies' Creditors Arrangement Act (CCAA) started Feb. 1. The insolvency process allows for creditor protection, so organizations can keep operating while undergoing changes to regain financial footing.
A list of discontinued programs at Laurentian University is in this article.
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