Oral Roberts University Begins Layoffs

TULSA, Okla. (AP) - Dozens of employees at Oral Roberts
University have started receiving word that they're being laid off.

The Christian school found itself more than $50 million in debt in 2007. It announced last November it would lay off about 100 employees, roughly 10 percent of the university's work force. Yesterday's final tally includes 53 employees and the elimination of 40 more unfilled positions.

The November layoff announcement came days after the school
completed a separation agreement with former president Richard
Roberts, who stepped down in late 2007 amid allegations he misspent
school funds to live in luxury.

Under the settlement, ORU will pay Roberts more than $447,000.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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