Stanford University endowment loses big
San Francisco Chronicle, 03/09/209, Nanette Asimov
Stanford, the nation's third-wealthiest university, is feeling poor. The school has laid off 412 employees this year, with dozens more lay-offs to come. It has also frozen salaries and shuttered its physics library as it tries to counter the largest loss to its endowment in 120 years. "The academic program has been protected," spokeswoman Lisa Lapin said, meaning that Stanford is not laying off its faculty. But there are 50 open faculty positions that will not be filled in the near future.
So, job outlook for Brian is not very healthy in the US this year. We are glad we have great (even though short-term) positions in the UK right now. Looks like we'll need more patience with returning home to the US anytime soon. . .
