Temple University faces $60M budget shortfall; layoffs could come after July 1

Action News has been told layoffs could come after July 1.
Thursday, June 19, 2025 6:23AM ET
PHILADELPHIA (WPVI) -- Temple University plans to cut jobs to make up a possible $60 million budget shortfall in the upcoming fiscal year.

In a letter to the university, President John Fry said he asked departments to reduce compensation costs by 5%.

University officers and deans will also forgo salary increases.

The school has lost $200 million in tuition because enrollment has been down drastically since 2017.

Action News has been told that layoffs could come after July 1.
Copyright © 2025 WPVI-TV. All Rights Reserved.