Oral Roberts University is laying off 100 people, or 10% of its workforce in January 2009. I wonder if those affected will be aware of it before they run up their credit card bills for the holiday season only to get their bill payment due in January and the job loss shortly thereafter.
We had one weather related university layoff discussed here in the past. This is not weather related and I think you will see a growing trend like this. As states are bankrupting themselves and looking to cut on some expenses such as faculty and staff at their state schools. Also as credit is becoming more difficult to obtain less students can enter the system and enrollments are cut, with the faculty and staffing cuts right behind that.
Oral Roberts University is based in Tulsa, Oklahoma.
Related:
Mediiiiic! UTMB Bleeds Out
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