USC Implements Program Cuts Amid $200 Million Deficit
SOURCENews reportView the filing ↗
What we know
Location: Los Angeles, CA.
Based on news reporting.
Summary
The University of Southern California (Norris) has announced significant program cuts in response to a $200 million budget deficit. As part of these measures, approximately 200 employees will be laid off, effective October 1, 2023. The decision comes as the university seeks to stabilize its financial situation amidst rising operational costs and declining enrollment figures. The layoffs will impact various departments, although specific details on which programs will be affected have not been disclosed. This move is part of a broader strategy to ensure the university's long-term sustainability and financial health.
LayoffTalk has tracked 41 layoff events at University of Southern California since July 2023, including 1,065 jobs documented in official WARN filings, with 28 additional events known from news reporting.
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