The North Carolina institution is on probation with its accreditor as it tries to stabilize its operations. Saint Augustine’s University is cutting half its workforce — 67 staff positions and 69 faculty positions — to reduce costs by $17 million and stabilize its financial position, the institution said in a release Saturday.
The university — a private, historically black institution in North Carolina — has also nixed “several” programs with low enrollment, it said. Additionally, it is working to pay off outstanding balances with vendors.