Every open job at NWU just got put on hold.
We have an assistant headmaster position search - on hold.
We have the search in Underwater Basketweaving - on hold.
All the other searches across campus - on hold.
All those candidates who really need and want a job? This is horrible news for them. Every search on campus is gone, and probably not going to be re-opened for a couple years. We're just later to do it than most campuses, which really means that we've given people false hope for longer than the other places. So we're crueler.
I figure I've spent 50+ hours on the UWB search between this semester and last. And poof, that work means nothing.
The way faculty time works, we're just asked to do search committee work on top of other stuff; I didn't drop any of my other committee responsibilities, nor my teaching responsibilities, nor advising, nor research. I just added an extra week's worth of work to evenings and weekends and the break. And that doesn't "cost" the university anything visible because we just add it on as part of our responsibilities.
The money we spent on advertising, interviews, campus visits, that is, the money that's way more visible than faculty time, gone. Also gone is the time our administrative staff spent organizing the search materials. (And if you've never seen an office staff organize a search with 100+ candidates, making sure that everything gets where it needs to be, you need to know that it takes a load of work.)