FINANCE
USC CFO ‘really optimistic’ after Fiscal Year ‘25 report releases
The financial statements included the first year of Big Ten revenue and start of cutbacks.
Turner construction sues USC
The company built Ginsburg Hall in 2024 and claims it has not received payment.
USC reaches 1,000 layoffs
Interim President Beong-Soo Kim wrote Nov. 2 that the University did not expect additional layoffs in 2025.
USC lays off 21 employees
Three administrative assistants, two project specialist administrators and two senior development officers among other administrative roles were laid off.
USC announces 55 layoffs
The layoffs include one academic program director and other positions such as painters and an AC technician, among others.
SDA in ‘distress’ amid program cuts, layoffs in production
Alums “disappointed” in the choice to sunset “niche” technical direction degree.
USC lays off nearly 300 employees across USC campuses
The University let go dozens of researchers in its largest batch of layoffs so far.
Academic Achievement Award removed for incoming students
Vice Provost said the change was to focus on programs which benefit "all students."
Fryft hours reduced, starting at 7 p.m.
Student Transportation Fee rose from $117 to $146 per semester amid hour cuts.
Layoffs expand to include Rossier
State data showed 54 layoffs across the University on Aug. 14.
Seventeen individuals received more than $1 million from USC in the 2024 fiscal year, 990 form shows
Its highest-paid employee, football Head Coach Lincoln Riley, earned nearly $11.5 million.
USC reduces merit scholarship funds, citing budget woes
The University gave roughly $85 million in merit-based scholarships last school year.