Layoffs at Loyola to balance the budget - FOX 8 WVUE New Orleans News, Weather, Sports

Layoffs at Loyola to balance the budget

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NEW ORLEANS, LA (WVUE) - Loyola University laid off more than two dozen employees to balance their $5.1 million budget deficit.

The university says the affected employees were notified today and were offered severance packages. Loyola says the move accounts for less than two percent of its total employee base.

"There is never a time when it is easy to let people know their service is being ended," said Rev. Kevin Wm. Wildes, S.J., Ph.D. "Although it is difficult to lose any employee, we have been very strategic about minimizing the impact to our students. Our guiding principle in the changes we have made was to preserve and protect the outstanding educational experience we offer our students - an educational model built on more than 450 years of Jesuit teaching and academic excellence."

The university says today's layoffs will not change its academic programs.

School administrators say Loyola has experienced declines in student enrollment for the second straight year.

According to a news release from the university, "because Loyola now has fewer students in its early common curriculum classes, contracts for approximately 12 extraordinary faculty members (non-tenured) will not be renewed in April. Each of these extraordinary faculty members will also be offered a severance package."

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