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Humber Polytechnic Announces Layoffs Amid Budget Crisis

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Humber Polytechnic Announces Layoffs: Despite Voluntary Exit Program, Budget Gap Forces Involuntary Cuts

Humber Polytechnic, Canadas largest polytechnic, is moving forward with layoffs for faculty and support staff due to a budget gap for fiscal year twenty twenty-six twenty-seven. Despite a successful voluntary exit program, involuntary cuts are necessary. Three senior executives are leaving via the voluntary route, with combined salaries topping nearly eight hundred thousand dollars in twenty twenty-four. The move comes amid emotional strain on the community and sector-wide budget woes, as a federal cap on international students has slashed revenue.

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Humber Polytechnic Announces Layoffs Amid Budget Crisis

Canada News Today | 2 Min News | The Daily News Now!

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Canada News Today | 2 Min News | The Daily News Now!Humber Polytechnic Announces Layoffs Amid Budget Crisis. Machine-transcribed; use the interactive transcript above to jump the player to any line.

It's March 24th. Welcome to Canada News Today, powered by AI. I'm Corey with the story. Humber Polytechnic is moving ahead with Layoffs for faculty and support staff after his voluntary exit program fell short. The college faced a budget gap for fiscal year 2026-27 and even with solid participation in the buyouts and voluntary cuts are still needed. President Anne Marie Vaughn shared the news in an email to Staff Lay Tuesday. Layoffs have wrapped up for administrative roles and will soon target support staff and faculty. Three senior executives are stepping out via the voluntary route, including the vice president of planning and strategy, the vice president for inclusion and student experience, and the chief financial officer. Those leaders had combined salaries topping nearly $800,000 in 2024. Vaughn set up an interim executive team effective by the end of March to keep things running smoothly. The move hits hard amid emotional strain on the community, with Vaughn thanking staff for

their support during this tough period. The faculty union has stayed quiet so far. This stems from wider pressures on Ontario colleges after a federal cap-slash revenue from international students. As Canada's largest polytechnic was 76,000 students, Humber is growing domestic enrollment, but still grapples with sector-wide budget.

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