June 01, 2020
NEWBURGH, N.Y -
With heavy hearts, Mount Saint Mary College leadership announced today that the institution has eliminated 42 staff positions.
The cuts bring the Mount’s workforce to about 500 full- and part-time faculty and staff. There are no plans to eliminate any additional positions in the foreseeable future.
No faculty positions were eliminated.
The changes were not related to job performance, noted Dr. Jason N. Adsit, president of Mount Saint Mary College.
“These are our coworkers, our friends, and members of our family,” said Dr. Adsit. “Their absence will be felt professionally, personally, and emotionally.”
The reduction in workforce was enacted to help balance the college’s budget in the long-term, building the foundation for continued success in the future. The Mount and its endowment remain financially healthy and the institution is not in danger of closing. However, recent unforeseen events, such as transitioning to online learning in the face of the current COVID-19 pandemic, have accelerated the need for action.
Before the cuts, nearly 60 percent of the college's expenses were associated with salaries and benefits.
In addition to the personnel changes, the college is implementing operating budget cuts and a hiring freeze for the coming year.
“It is not sustainable for the college to continue to draw from the endowment for operating expenses,” explained Dr. Adsit. “Instead, we needed to reduce the draw and create a balanced budget. Today’s personnel action was the largest and most painful step.”
The college does not have plans to eliminate existing academic programs and will continue to focus on growing its offerings to students.
“Our guiding principle throughout this process has been to ensure that we can continue to deliver the excellent Mount education that the college has provided to generations of students,” said Dr. Adsit. “We are steadfast in our commitment to see the college flourish and educate future generations of students, preparing them for rewarding lives of service, leadership, and success.”
The Mount will also continue to help drive the economic engine in the region, serving more than 2,200 students with more than 70 academic programs.
“This will not be a time of stagnation for the college, or the start of a decline,” Dr. Adsit noted. “With today’s changes, Mount Saint Mary College is in a better position to face the challenges that lie ahead.”