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Penn State Leaders Plan Layoffs Amid Budget Deficit

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Drexel University laid off 60 staff members due to budget deficits and is working on a financial resiliency plan. Under the Right to Know Law, Penn State is required to report the salaries of certain employees and information that would be required if Penn State were subject to the filing of IRS Form 990

Penn State offers buyouts in budget-cutting effort Faced with chronic deficits, the university is offering faculty and staff at its 20 commonwealth campuses a year’s pay to retire

Mayor Bass‘ proposed budget includes 1,600 layoffs amid deficit

Federal workers protest against layoffs at Penn Station

University officials told Penn Live then that no layoffs or program cuts were planned as Harrisburg navigates debt payments and recent budget

In late February, President Neeli Bendapudi shared a memo with college and campus leaders detailing Penn State’s current financial situation and the challenges facing Sara Thorndike, senior vice president for Finance and Business/treasurer and chief financial officer, shares deeper insight into Penn State’s new budget model and 2025-26

Penn State confirmed fewer than 10 layoffs of full-time employees have occurred as a result of budget issues. Attrition is another story. Portland State University announced Friday that 17 of their non-tenure track faculty will be laid off “due to changes in their departments’ programmatic and curricular needs.” Mayor Bass hopes the state can help address an $800 million budget deficit in her city that she says could result in about 1,600 job cuts

Internal messages reveal Penn State leaders are finishing layoff plans this month. President Neeli Bendapudi has said the university is in a “vulnerable state” but not a “financial Since Penn State announced its multimillion-dollar budget deficit in summer 2022, the university has deeply cut the budgets to its graduate school, engineering college, and two Since Penn State announced its multimillion-dollar budget deficit in summer 2022, the university has deeply cut the budgets to its graduate school, engineering college, and two

Camden School District makes ‚very difficult cuts‘ amid $91 million budget deficit By TaRhonda Thomas, via Wednesday, April 30, 2025 SEPTA says the proposal comes amid critical negotiations in Harrisburg on a statewide transit funding plan. President Luke Wood released an updated financial plan to address a $37 million deficit in the budget. The update includes new details regarding layoffs, revenue and a new fee.

  • Penn State offers buyouts amid budget cuts
  • Drexel University Lays Off 60 Staff Members Amid Budget Deficit
  • LA mayor visits California Capitol, says she hopes to avoid layoffs

Penn State is offering buyouts to Commonwealth Campus employees to reduce its multimillion-dollar budget deficit, a dramatic step for Pennsylvania’s flagship university.

11/12: Wright State University to begin some faculty layoffs in the coming months 11/2: University of Akron rejects ‘interference’ by national union following faculty layoffs 10/26: Colleges Slash SEPTA presented a plan Thursday to cut nearly half of its public transit service – eliminating dozens of bus routes and Regional Rail lines – if state lawmakers do not act to help Penn State’s Board of Trustees will vote on the budget plan this summer. President Neeli Bendapudi’s administration is attempting to balance the university’s budget by

University Park, PA (WJAC) — Millions of dollars in funding cuts are in the works at Penn State, according to the university’s president, as work Internal messages reveal Penn State leaders are finishing layoff plans this month. President Neeli Bendapudi has said the university is in a “vulnerable state” but not a “financial Penn State University announced plans to make $94 million in cuts to commonwealth campuses & more in 2025-2026. Layoffs remain possible.

Since Penn State announced its multimillion-dollar budget deficit in summer 2022, the university has deeply cut the budgets to its graduate school, engineering college,

CSU Stanislaus faces criticism over faculty layoffs tied to budget issues, raising concerns about transparency, student impact, and alternative solutions. STATE COLLEGE — Penn State is offering buyouts to Commonwealth Campus employees to reduce its multimillion-dollar budget

The Boston Globe reports today that Mass General Brigham plans hundreds of layoffs amid a budget shortfall.

Since Penn State announced its multimillion-dollar budget deficit in 2022, the university has deeply cut the budgets to its graduate school and engineering college, a Penn State plans to trim many of its units‘ budgets in the 2026 fiscal year, with some colleges and units slated to get 4% or 5% cuts, and the Commonwealth Campuses

Rather than building an uncertain state subsidy boost into its budget again, and then scrambling to fill a deficit in the fall, SEPTA’s board this year decided to include only Since Penn State announced its multimillion-dollar budget deficit in 2022, the university has deeply cut the budgets to its graduate school and engineering college, a

Los Angeles Mayor Karen Bass‘ proposed budget includes 1,600 layoffs amid a nearly $1 billion deficit. Interim President Larry Jameson released an email to the University community addressing financial measures in response to the recent federal funding environment. Credit: