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John Hopkins University, which has been instrumental in tracking the coronavirus globally, is expecting layoffs and furloughs due to the economic impact of the pandemic
AP Photo/Patrick Semansky
- John Hopkins University announced that it expects furloughs and layoffs will be part of its mitigation strategy, due to the economic impact of the pandemic.
- They will still continue to track coronavirus cases globally. The university expects to lose over $100 million by June.
- Visit Business Insider's homepage for more stories.
John Hopkins University, which has been tracking the spread of the coronavirus, expects layoffs and furloughs, in addition to cutting salaries, to be part of its mitigation strategy, due to the financial impact of the pandemic.
Ronald Daniels, the university's president wrote in a letter that the university expects to lose over $100 million by June and $375 million in losses by June 2021.
See the rest of the story at Business Insider
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- As Trump bans immigration for 60 days, Portugal is taking a radically different approach temporarily giving asylum seekers citizenship rights
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