Monday, April 21, 2014

Loyola University (Baltimore) lays off 15, eliminates 22 other positions in budget-cutting moves - WMAR

Loyola University announced it has laid off 15 employees and eliminated 22 vacant positions due to financial constraints. Loyola President Rev. Brian F. Linnane said the decision on the layoffs was made official Tuesday “as part of an ongoing university-wide initiative to increase operational efficiencies and identify opportunities for new revenue sources to form a stronger and more sustainable Loyola for the future.” “The decision to reduce our workforce is one of the most challenging I have faced in my nine years as president of Loyola,” said Linnane in a statement. “However, we, along with our peer institutions across the country, can no longer expect families to pay large tuition increases as they have in the past, and we face a greater demand for financial aid in light of the nation's economic struggles.” http://www.abc2news.com/news/region/baltimore-city/loyola-university-lays-off-15-eliminates-22-other-positions-in-budget-cutting-moves