Saturday, April 30, 2016

JCTC announces staff layoffs amid budget pressures - Marty Finley, Louisville Business First

Facing an $8.5 million budget shortfall and declining student enrollment, Jefferson Community and Technical College has laid off 61 staff members in hopes of easing its financial struggles. The layoffs are part of an “ongoing reorganization that will include administration and faculty,” according to a news release. Facing an $8.5 million budget shortfall and declining student enrollment, Jefferson Community and Technical College has laid off 61 staff members in hopes of easing its financial struggles. JCTC said in a news release that its enrollment has dropped significantly since 2010, from a peak of 15,000 to spring 2016 enrollment of 10,700. That drop has greatly affected the two-year college’s budget because 75 percent of its revenue comes from tuition. http://www.bizjournals.com/louisville/news/2016/04/21/jctc-announces-staff-layoffs-amid-budget-pressures.html

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