St. Catherine's University is preparing to slash a "fair number" of jobs for the next academic year, according to a statement released to Fox 9 Thursday.
Officials say they're still working to evaluate how many and what positions will be cut, but insist the move is meant to position the school for the future and not because the school is in financial straits.
St. Kate's is a small university with just 337 academic staff serving just over 5,000 students.
The university's full statement:
St. Catherine University, like all of higher education, has been working to align our revenue and costs. We have taken numerous steps to avoid reducing faculty and staff, but the gap is such that we estimate we will need to eliminate a fair number of positions. Specific details are yet come as we are still in the process of evaluating the extent of these reductions. St. Kate's is financially sound and these changes ensure we move into our next academic year strong and poised for growth.