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Layoffs looming at NCAA in Indianapolis

By Batistaya (Own work) [Public domain], via Wikimedia Commons

Employees at the NCAA headquarters in Indianapolis will be furloughed for at least three weeks beginning Sep. 21.

Some may be laid off as long as eight weeks, said a memo released to NCAA member schools.

The organization is trying to save money.

The cancellation of the men’s college basketball tournament was a catalyst for the layoffs. The tournament is a large source of revenue for the organization.

The NCAA has also been offering early retirement to some people and senior management have taken pay cuts of 10 to 20 percent.

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