Rider University, a private institution located in New Jersey, announced this week that it will close 14 academic programs and lay off 14 full-time faculty members. The university also will convert three academic majors to minors and will eliminate two clerical positions and five vacant faculty jobs.
The cuts are in response to financial challenges, the university said in a written statement, and will result in annual savings of about $2 million.
"The decision to move forward with these closures and changes was not made lightly. They have profound impacts on those who are directly affected by them," the university said. "But they are needed to put Rider on a more progressive path and position the university more strongly in an increasingly competitive environment."
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