Fanshawe College offers severance to staff to cut costs amid financial strain.

Fanshawe College in Ontario is offering financial incentives to full-time employees who choose to leave their positions, as part of a broader effort to restructure its workforce and manage budget challenges. The voluntary exit program aims to reduce staffing costs while allowing employees to retire or pursue other opportunities. Details on the compensation package were not disclosed, but the initiative reflects growing financial pressures faced by some Canadian educational institutions.