Baldwin Wallace University discovers a budget deficit of over $20 million, prompting an investigation and cost reduction measures.
Baldwin Wallace University is facing a budget deficit of over $20 million, much higher than the initially projected $3 million. The university is now investigating how this happened and planning to reduce costs, which may involve program cuts and staff layoffs .
An audit by Ernst & Young will be conducted to review the financial records of the past three to four years.
Baldwin Wallace University Budget Deficit Cost Reduction Program Cuts Staff Layoffs Audit
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