USC Ended Fiscal Year With More Than $200 Million Deficit
USC announced today it “ended FY25 with an operating deficit in excess of $200 million, higher than the $158 million deficit in FY24.” This is what I reported a few weeks ago but USC didn’t reveal the staggering figure until after Carol Folt retired. It also said layoffs are coming but did not include specifics. “We need to take decisive action quickly, because the longer … Continue reading USC Ended Fiscal Year With More Than $200 Million Deficit