Boston University announced it would be laying off 120 current employees to mitigate financial issues. Here are the reasons the administration listed

Boston University has laid off 120 employees and eliminated an additional 120 vacant positions as part of an effort to reduce its budget.

Boston University plans to lay off 120 staffers and leave another 120 vacancies unfilled, university leaders said in a letter. "This is a day of loss for all of us," said the letter titled "Important Financial Update.