New Jersey City University Merger Leads to 151 Job Cuts
SOURCENews reportView the filing ↗
What we know
Location: New Jersey, USA.
Based on news reporting.
Summary
The merger between New Jersey City University and Kean University has resulted in 151 layoffs and buyouts. This decision comes as part of a restructuring effort following the merger, aimed at streamlining operations and reducing costs. The layoffs are effective immediately, impacting various departments within the universities. This move reflects the ongoing challenges faced by educational institutions in adapting to changing financial landscapes. The universities have not specified which departments will be most affected by these job cuts.
New Jersey City University cut 151 jobs in NJ as of March 1, 2023.
That is roughly 16.8% of the 900 people New Jersey City University employs.
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