It looks like Syracuse is trying to avoid being consumed by the higher ed bubble. Good for them.

Syracuse.com reports.

After years of losing money, Syracuse University tightens its belt and its mission

Syracuse University Chancellor Kent Syverud grew up outside of Rochester. The lesson of Eastman Kodak is part of his DNA.

He does not want Syracuse University to be the next Eastman Kodak.

That company’s leadership looked the other way as digital technology forever changed photography. The company that once had 145,000 workers across the globe has roughly 8,000 now.

“I feel a moral obligation to the people who work here and the students here to anticipate changes in the world,” Syverud said. “Rather than saying, ‘I’m sorry, we didn’t anticipate change and now you’re up a creek.’ And that’s what we’re working on here.”

After his first full year at the helm of Syracuse University, Syverud has made it clear, both on and off campus, that great change is coming. Some of it will not be comfortable. Layoffs on campus and cuts to programs in the community are likely as Syverud shifts the university’s focus from community outreach back to research on the hill.

SU is one of the region’s largest employers and economic engines. There are more than 4,400 full-time employees and a budget of $1.28 billion. When Syverud took the helm of Syracuse University, he did not inherit an institution in crisis. But there were signs of trouble on the horizon.