<p>"…the cuts were split almost evenly between administrative or professional positions and clerical or technical jobs. Service and trade workers will be largely unaffected.'</p>
<p>Not sure what the definition of “working class people” is…may not include some of the administrative, professional or technical people laid off.</p>
<p>What interests me is that even with a 30% drop in the endowment, Harvard is still sitting on an endowment that others could only HOPE to reach decades from now. Why the big panic?!</p>