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US university tracking virus' spread warns of layoffs, cuts

(KOSA)
Published: Apr. 22, 2020 at 6:50 PM EDT
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Johns Hopkins University is planning to cut salaries and expecting to furlough and lay off employees because of multimillion-dollar losses arising from the pandemic.

The school’s top leader made the announcement in letter posted online Tuesday. The university in Baltimore, Maryland, has played a globally prominent role in tracking and modeling the spread of the virus.

University President Ronald Daniels said the school expects to lose more than $100 million by the end of June and as much as $375 million during the coming fiscal year.

But the school says the cuts will have no impact on its data-gathering and research on the coronavirus.

Copyright 2020 Associated Press. All rights reserved.

University President Ronald Daniels said the school expects to lose more than $100 million by the end of June.