Steve Lawry announced to the faculty yesterday that the 4 tenure-track searches that are nearing an end (sociology, biology, music, and history) have been cancelled and converted into 2-year appointments, due to financial instability (as usual), as well as a need for flexibility in anticipation of the college's merge with McGregor. I heard this from faculty members, and not from a formal announcement from Steve.
Apparently, discussions regarding this merge have been underway for quite some time, though this is the first its been announced to any significant on-campus group (significant in numbers, that is). I have a lot more questions and speculations than answers and information. There also seems to be some speculation that this may have been something Steve only recently learned of, though based on other events, that seems unlikely.