PHILADELPHIA (WPVI) -- Drexel University announced that it is planning dozens of layoffs on Tuesday night. Action News has learned that roughly 60 staff employees will lose their jobs. University leaders say this represents less than 1.5% of its current workforce.

Drexel University plans to layoff 60 processional staff employees or about 1.4% of its workforce in an effort to resolve, what a spokesperson called, a 10% imbalance to the school's operating budget.