AIB to lay off quarter of staff

BY DI STAFF | APRIL 08, 2015 5:00 AM

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Several jobs will soon disappear at AIB as the institution’s closing date looms.

The Des Moines business college announced Tuesday that it will eliminate 17 full-time staff members on June 8. AIB has 80 such positions.

The college is due to close June 30, 2016; it has lost more than 250 students.

Employees are due to receive outplacement support and severance pay. Additional staff positions will likely be lost before AIB shuts down.

The University of Iowa plans to take over the campus as a gift and convert it into a regents regional center.

Under the current proposal, which is still subject to state Board of Regents approval, the UI would own and operate the campus and rent out space to other institutions interested in offering courses

— by Chris Higgins

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