In the wake of a series of layoffs in June 2009, Faust was criticized for refusing to accept a pay cut that would have saved jobs. In the months preceding the layoffs, various campus groups called upon Faust and other administrators to reduce their salaries as a means of cutting costs campus-wide. Reports on Faust's salary differ: The "Boston Globe" reports that Faust made $775,043 in the 2007–2008 school year, while the "Harvard Crimson" reported that Faust made $693,739 in salary and benefits for the 2008–2009 fiscal year. In early 2009, the Harvard Corporation approved salary freezes for the president, deans, senior officers, management staff, and faculty, and offered an early retirement program. The University also undertook an involuntary reduction in staff of 2.4 percent of its employees.