
Background:
West Virginia University recently announced plans to cut 7% of its faculty. Alex Tabarrok, writing in Marginal Revolution, says "the only surprise is how long it has taken for the ax to fall. You can be sure, however, that there is more chopping to be done." Will other universities soon face similar cuts?
Resolution criteria:
This market resolves YES if another US institution of higher education (e.g. univeristy, college, institute of technology) with 10,000 or more enrolled students announces plans to cut 5% or more of its faculty positions. The announcement must be made in 2023, on or after 2023-08-14, and it must plan to reach the cut threshold in the next 5 years. Enrollment numbers are for the 2023 fall term and include undergraduate and graduate students. The thresholds refer to the entire institution. For example, in the case of the University of California, Berkeley, the criteria refer to the University of California, Berkeley, and not to the whole UC system or e.g. the Haas School of Business.
I will not bet in this market.
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