University of the Arts board of trustees has hired Alvarez & Marsal, a global consulting firm to “help us urgently address the needs of our students, faculty and staff.”
University of the Arts board hires management firm to close university; faculty plan mid-morning protest
University of the Arts board of trustees has hired Alvarez & Marsal, a global consulting firm to “help us urgently address the needs of our students, faculty and staff.”Judson Aaron, chair of the board of trustees, said in a message to the university community sent Wednesday morning that the board has hired Alvarez & Marsal, a global consulting firm to “help us urgently address the needs of our students, faculty and staff as we work through this process.
Officials are at work, Aaron said, “developing a teach-out plan to enable our students to seamlessly continue their degrees at other high-quality institutions. We also remain committed to taking whatever actions are feasible to support our incredible faculty and staff through this challenging time.” The board, Aaron said, “is dedicated to do all we can to support our beloved UArts community as we move forward. We recognize that you have many questions, and we will share more information as this process continues.”
Union officials planned to protest the university’s actions and lack of communication later Wednesday morning. Some staffers have already signed onto a class action lawsuit against the university, charging it violated federal law by not giving 60 days’ notice of a mass layoff.
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