The Chronicle of Higher Education · 14 Sep, 07:00 · Finance briefing

Finance Live Updates: U. of Southern California’s Engineering School Cuts 65 Workers

The University of Southern California’s engineering department has terminated sixty-five staff members, reflecting broader fiscal pressures within higher education.

28%average pay gap between certified and uncertified finance staff
2.4xfaster promotion with a professional credential
83%of finance leaders rank upskilling a top-3 priority
20days to your first credential
The briefing

The story
in brief.

What happened, who it affects, and why it landed on our intelligence desk — in plain English, sixty seconds or less.

The University of Southern California’s engineering department has terminated sixty-five staff members, reflecting broader fiscal pressures within higher education. This reduction in force highlights the growing instability in academic support roles as institutions face budget constraints. The Chronicle of Higher Education reports this significant workforce cut, signalling a shift in resource allocation for technical faculties. Professionals in academia and adjacent sectors should note this trend, as it underscores the vulnerability of non-tenured positions during economic downturns.

Employer demand for Project Management skills — indexed growth since 2019
Indicative index of skill mentions in professional job postings for the field this story moves (2019 = 1)
20191x20201.4x20212x20222.9x20234.1x20245.9x20258.4x202611.3x
Your move

What this means
for your career.

Every headline redistributes opportunity. Here is who this one rewards — and how to be on the right side of it.

This reduction signals heightened volatility in academic support roles. You must recognise that traditional administrative functions are increasingly automated or consolidated. Consequently, skills in data-driven decision-making and complex project coordination rise in value. If you work in university administration or technical support, you should urgently diversify your skill set. Focus on mastering financial modelling and risk management to demonstrate tangible value beyond routine tasks. Smart professionals will pivot towards roles requiring strategic oversight rather than operational execution. Prioritise certifications in project management to enhance your employability. You must adapt to a landscape where efficiency dictates retention. By upskilling in high-demand areas, you position yourself as indispensable amidst institutional downsizing.

For this story, the fields that convert it into pay are Project Management, Risk Management Strategies, Financial Modeling and Business And Management — exactly the programmes matched below. The chart shows the indicative salary uplift certified professionals report in each of those fields; every one of them is a click away, from £79, finishing in as few as 20 days.

Indicative salary uplift in the fields matched to this story
Indicative ranges from published continuing-education salary studies, by field — each field is a recommended course below
Project Management+26%Risk Management Strate…+33%Financial Modeling+28%Business And Management+34%

This briefing is based on reporting by The Chronicle of Higher Education on 14 Sep, 07:00. Read the original coverage →

Read the news. Then outrun it.

Every OnlineUni programme is online, self-paced and from £79 — so a headline today can be your credential this month.

Your next promotion may be hiding in the skill you haven't learned yet.

Discover focused online courses designed to help working professionals turn knowledge into opportunity.

Chat with Admissions

OnlineUni Admissions

Tell us where you want your career to go, and we'll find you the right programme.

Chat with AdmissionsCourse guidance, fees, and enrolment help from our team.
Available 24/7 Our admissions consultants are always online to help you choose.
OnlineUni · a TilGlobal brand

Tell us about yourself to get started

OnlineUni · a TilGlobal brand