Northeastern University (Massachusetts) has reduced its size by one-fifth, cut $60-million from its budget, eliminated 700 jobs, dropped or merged several programs, frozen salaries, and cut other costs in a successful retrenchment effort. Many agree the "rightsizing" was handled in a fair, humane way; others are angered. (MSE)

Financial pressures brought on by economic recession and increasing costs of academic materials are causing academic libraries to cancel journal subscriptions, reduce book orders, neglect book preservation, cut staff positions, and reduce general services while seeking new revenue sources. Examples of libraries cutting back include those at…