Bowen University, Iwo, Osun State, has laid off about 10 percent of its workforce.
The affected employees are said to have received mail on Tuesday, after their salaries for the month of June were paid, informing them of the termination of their employment.
One of the affected employees stated that 127 employees in all departments and sections of the facility were affected.
Toba Adaramola, head of the University’s Media and Public Relations Department, confirmed the dismissal on Wednesday.
Adaramola said: “When the current head of the institution came on board in 2018, it became clear that the school had reached a turning point.
“When the management examined the situation, they realized that we needed to change our culture of action or change the product.
“Our students are our product and we cannot change that. But we decided to change the model the school had been operating. For a long time the school functioned like a public institution; while public institutions have subsidies, we don’t have any. This situation led to a change in the model from the previous one to the college, which was supported by technology.
“To maintain the university, some people have to leave. So the redundant staff in all departments and sections were told to leave. This concerns both academics and non-academics.
“Eight to ten percent of the workforce was affected. The June salary was paid yesterday (Tuesday), and after the payment the affected workers were informed by mail about the withdrawal.