Magazine article Black Issues in Higher Education

Clark Atlanta University Begins Round of Layoffs. (Noteworthy News)

Magazine article Black Issues in Higher Education

Clark Atlanta University Begins Round of Layoffs. (Noteworthy News)

Article excerpt

ATLANTA

Clark Atlanta University began a series of layoffs this month as part of a plan to cut spending by 20 percent. The layoffs, calculated to save about $3.4 million annually in salary and benefits, began with 53 staff members in various departments, said spokeswoman Sheila Jack. Another 26 positions will remain unfilled, Jack said.

"They are really across the board. There is no one department that is shouldering more than their share," Jack said.

Dr. Walter Broadnax, president of the historically Black school, said Clark Atlanta overspent its $100 million budget by $7.5 million last year, one of many in which the university ended the year in the red. Clark Atlanta currently has no reserves and a long-term debt of about $55 million, most of it for bond payments on construction projects (see Black Issues, July 17).

In addition to layoffs, the school has cut athletic scholarships by $439,000, though it is unclear whether the cuts will affect current student athletes.

Clark Atlanta also has begun offering early retirement to eligible faculty members. …

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