BALTIMORE – Johns Hopkins University, whose researchers have been at the forefront of the global response to the new coronavirus, is expecting to cut salaries and furlough and lay off employees because of multimillion-dollar losses arising from the pandemic, its president has announced.
The private university has played a globally prominent role in tracking and modeling the spread of the virus. But the university said the reductions would have no impact on its data-gathering and research on the virus.
University President Ronald Daniels wrote in a letter posted online Tuesday that the private research university in Baltimore expects to lose more than $100 million by the end of June and as much as $375 million during the coming fiscal year.