Pretty much:

“What we’re seeing is the result of decades of squeezing workers. [Universities are] focusing on their shiny new buildings or sports or their public image and depending more and more on heavily exploited workers to achieve their mission and workers are saying that’s enough.”

https://www.theguardian.com/us-news/2022/dec/02/closed-labs-cancelled-classes-inside-us-higher-education-largest-strike