They are basically rearranging the deck chairs on the Titanic over there. Refresh your resumes everyone and hit LinkedIn and network your ass off.
People are getting laid off, being "asked" to leave, or just plain jumping ship.
The management structure changes monthly, while some lower managers just getting squeezed out of a job with less and less people in their department.
Integrated Marketing is limping on life support and a skeleton crew.
Efollett is a mess, the textbooks are still more expensive than competitors, and their idea of innovation is trying to sell brandless backpacks, and adding animated gifs to the home pages of school's sites, along with so many banner advertisements at the bottom of the page you would swear it was a NASCAR racer
Personally, The VP of IT should have been fired a long time ago. He perfected the art of No before the Republican Congress did. The IT infrastructure is a patchwork of systems that date back at least a decade.
I feel bad for those going down with the ship. There is NEVER one round of layoffs..well now they aren't in masse, they are more like pinprick drone strikes.