Financial Crisis

1 article

The New School building with empty chairs on the quad, representing faculty and staff layoffs due to financial pressure.

The New School Cuts 19 Faculty, 68 Staff Amid Financial Pressure

The New School has initiated staff reductions, laying off 87 employees, including 10 tenured faculty members, as it attempts to close a reported $60 million budget gap.

Adrianne Cole·June 6, 2026