USC implements university-wide layoffs amid $200M deficit
SOURCENews reportView the filing ↗
What we know
Location: Los Angeles, California.
Based on news reporting.
Summary
The University of Southern California announced operating pressures after a reported fiscal 2025 operating deficit exceeding $200 million and implemented university-wide budget cuts including layoffs. Since Beong-Soo Kim became interim president, USC has laid off over 1,000 employees, impacting professors, research administrators and academic advisors, with nearly all academic support staff in Dornsife College laid off amid an October 2025 restructuring. The cuts followed an earlier hiring freeze and budget reductions and accompanied program sunsets at the School of Dramatic Arts; the university said measures also include selling unused properties and adjusting top compensation. USC expected to eliminate the long-term deficit by July 2026 and planned to reinstate merit pay increases in fiscal 2027.
University of Southern California cut 1,000 jobs in CA as of May 5, 2026.
That is roughly 2.5% of the 40,000 people University of Southern California employs.
LayoffTalk has tracked 45 layoff events at University of Southern California since July 2023, including 1,130 jobs documented in official WARN filings, with 31 additional events known from news reporting.
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