MIT situation adn poor financial scene (Score 1)

Check out general MIT news site conerning dire financial straits they are in: *Closing school for x-mas break to save money, *will layoff 250 people early next year, *hiring and salary increase freezes *they have lost $1 billion dollars in their endowment the last 2-3 years..... *anyone note F2003 they combined LCS and AI labs? Cost savings are on their mind for everything unfortunately....off-the-shelf software makes sense...companies hang around to maintain and students leave(ie graduate)