That is not what my P said, but it's exactly what I heard. My school has been losing enrollment for a few years now, and the result has been position attrition. So after 11 years of dedicated teaching I was told that my contract would not be renewed. Officially, I am resigning for financial reasons (basically, I cannot afford to live on what they can pay) and will be looking in the public school systems for work. But OUCH! It hurt to hear it all the same.