The Tata Institute of Social Sciences (TISS) has withdrawn its controversial ‘mass termination’ notice following assurances from Tata Trusts to release necessary funds. This decision brought relief to employees who were facing job uncertainty due to financial constraints faced by the institution.
The initial notice, issued last month, had announced the termination of numerous contracts, citing severe budget shortfalls. The news triggered widespread concern among faculty, staff, and students, sparking protests and appeals for intervention.
On Monday, TISS confirmed that Tata Trusts has committed to providing the required funds to sustain the institution’s operations and prevent job losses. In a statement, TISS Director Shalini Bharat expressed gratitude for the timely support and emphasized the institute’s commitment to its mission of social sciences education and research.
“We are relieved and thankful for the support from Tata Trusts. This funding will enable us to continue our work without interruption and ensure job security for our dedicated staff,” Bharat said.
The decision has been met with widespread approval from the TISS community. Employees and students who had been protesting the potential job cuts celebrated the announcement, expressing their appreciation for the resolution of the funding crisis.
Tata Trusts, a long-time supporter of TISS, reiterated its commitment to education and social development. A spokesperson for the trust highlighted the importance of supporting institutions like TISS, which play a critical role in addressing societal issues through education and research.
“Tata Trusts is dedicated to the advancement of education and the social sector. We are pleased to assist TISS in overcoming its financial challenges and ensuring the continuity of its vital work,” the spokesperson stated.
This development marks a significant turnaround for TISS, allowing the institute to refocus on its academic and research activities. The institution is now expected to proceed with its planned programs and initiatives, benefiting both the academic community and society at large.
The withdrawal of the mass termination notice underscores the importance of collaborative efforts in addressing financial challenges within educational institutions. It also highlights the critical role of philanthropic organizations in supporting and sustaining educational and social initiatives.