General Redundancy. If the Employer has determined that insufficient funds exist to pay the existing number of employees for a long time in the future: (i) before any employee is laid off, the Employer shall determine whether some or all layoffs could be avoided by: (a) economizing on other areas of expenditure, (b) transfer to another academic program as specified in Article 29.9, (c) retraining as specified in Article 29.10, (d) early retirement as specified in Article 29.11; (ii) employees shall be laid off and recalled according to seniority as specified in Article 29.6; (iii) employees who are to be laid off shall be notified according to Article 29.7; (iv) employees who are laid off shall be entitled to severance benefits, as specified in Article 29.8.
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Sources: Collective Agreement, Collective Agreement, Collective Agreement