Comments on: Yeshiva University Lays Off 60: Thanks Bernard Madoff!

By: Jewlicious » YU: Adding Insult to Injury

Jewlicious » YU: Adding Insult to Injury — Tue, 10 Feb 2009 21:51:13 +0000

[...] Yeshiva University let go of closer to 120 people (if you include forced retirements) [see the previous post] in what many are saying is a massive screw up by the people on top. Rather than having the senior [...]

By: Batya

Batya — Tue, 10 Feb 2009 15:43:23 +0000

Very sad. What seemed too good to be true wasn’t true at all.

By: DK

DK — Tue, 10 Feb 2009 14:57:10 +0000

The pain of the loss should have been and be shared and borne by the community of all employees.

Another Torah U’Maddah success story.

By: Larry

Larry — Tue, 10 Feb 2009 13:46:53 +0000

Richard Joel and his boards had the chance to show the community how a Torah observant, ethically inspired instituion handles a failure and confronts a budget shortfall and endowment loss.

The pain of the loss should have been and be shared and borne by the community of all employees. I will not be surprised to learn that for some of these positions, they are using the budget shortfall as an expedient excuse to trim jobs.

It is sad when people who ask to be seen as role models trun out not to be able to make the difficult but necessary decisions