KINGSTON, Jamaica — The Northern Caribbean University (NCU) has announced a financial recovery plan aimed at “rightsizing the institution and positioning it for greater growth and sustainable development”.
The university said the recovery plan follows recommendations from a recent operations audit of the institution and was announced by NCU President Dr Lincoln Edwards during a workers’ meeting held on the main campus in Mandeville today.
Dr Edwards said the recovery plan entails cost reduction strategies including the restructuring of the organisation, increased operational efficiencies, and reduction of non-critical positions.
In this regard, a freeze has been placed on hiring except for the filling of critical positions.