Location: New Jersey, USA.
Based on news reporting.
A university in New Jersey is facing layoffs and budget cuts, prompting the creation of a $2 million fund to assist students with tuition payments. The institution is grappling with financial challenges that have led to the decision to reduce its workforce. While specific numbers of affected employees were not disclosed, the university's actions reflect a broader trend of financial strain in the education sector. The hope fund aims to alleviate some of the financial burdens on students as the university navigates these difficult times.
LayoffTalk has tracked 35 layoff events at NJ since January 2022, affecting a combined 8,538 employees.
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