March 16, 2014
Randolph-Macon Woman's College will change its name in less than a week. But the Lynchburg school announced Monday that it's cutting its staff by 15 percent.
The layoffs total up to 35 full- and part-time workers, as well as open positions that won't be filled.
Spokeswoman Brenda Edson says the school is examining its academic faculty positions as well, but has not made any decisions that will affect the upcoming school year.
The school officially becomes Randolph College on July 1 to reflect its coed enrollment this fall. The school had been all-female for 116 years.
The decision to admit men was a financial one. The college has struggled in recent years as it dipped into its endowment for operating funds because it had to offer large scholarships to attract and retain students.
The inaugural coed class of 2011 will include 57 men. Enrollment is approximately 700.