Harvard Law School will lay off staff members in response to budgetary constraints imposed by University administrators, acting Dean Howell E. Jackson said Monday.

The likely layoffs come amidst continued estimates of a 30 percent decline in endowment value by year’s end and a corresponding reduction in the endowment payout—a major source of funding for the University’s different schools that accounts for 40 percent of the Law School’s annual revenue.

[The Crimson]