SHAWNEE, Okla. (AP) - St. Gregory's University's interim president says the private Catholic school in Shawnee will lay off some employees by the end of the week.
University President David Marker made the announcement Wednesday, saying about five percent of the school's 119 faculty and staff will be affected by the layoffs.
Marker says St. Gregory's also is implementing a hiring freeze and cutting expenditures. A dozen open positions within the university will not be filled at this time.
He says the measures are necessary to ensure the university's fiscal stability in the face of declining enrollment and endowment figures. He says other universities are facing similar financial challenges.
St. Gregory's is Oklahoma's only Catholic university. It has about 700 students in its two colleges, the College of Arts and Sciences and the College for Working Adults.
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