Officials of Loyola University say 18 employees will be laid off as the university copes with a drop in freshman enrollment and a $5.1 million deficit.
The Times-Picayune reports the layoffs represent 2 percent of Loyola's workforce.
The university also has enacted a voluntary severance program and a hiring freeze, which officials say should help balance the budget.
Freshman enrollment last year fell 30 percent from expectations, leaving Loyola with a projected $9.5 million budget shortfall.
Officials say voluntary severances and other budget cuts reduced the deficit to $5.1 million.
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