St. Augustine's Announces Layoffs, Furloughs
RALEIGH, N.C. (AP) -- St. Augustine's University is instituting layoffs and furloughs for its employees, which could save the cash-strapped school $1 million.
The News & Observer of Raleigh reports ( http://bit.ly/1tUnYur ) interim President Everett Ward met with employees Thursday to announce the job restructuring. The move includes 10 percent of the workforce moving to 10-month employment instead of year-round. Four percent of the university's positions will be eliminated.
The university will furlough most employees for one week beginning July 7 after summer school ends. Some campus departments will alternate furloughs among employees to remain in operation. The employees moving to 10-month status will begin their schedule Thursday and come back to work Aug. 1.
Two federal agencies are reviewing how the school handles grants. A regional accrediting agency is looking at the school's finances.