Information on how many employees Wright State University will lay off will be made public next week, the school’s interim president said in a campus email today.
Layoff notices will be made starting the week of June 12, according to interim president Curtis McCray, who earlier this week that they could go out as soon as next week.
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Details about operational changes will also become available, according to the email. The university will make its budget proposal public Friday, May 19, as McCray will present it to the board of trustees next Friday.
The school has said it could lay off between 80 and 120 people to save between $6 million and $8 million.
The university may also change a policy for how WSU reduces its workforce of classified employees, according to the email.
Wright State must slash $25 million from its next budget in order to regain its financial footing. The university is also aiming to boost its reserves by $5 million as most of the reserve fund has been depleted by years of overspending.
McCray said he’s confident they will meet the targeted amunt of money for budget cuts, he said in the email.
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“Getting there has taken serious reductions in the ongoing activities of the university, with direct changes to personnel and operations, McCray said in the email.
The total budget cuts the university needs to make amounts to less than 10 percent of its total operation, McCray said in the email.
“While this has been a tough and traumatic time for the university, and persons have been hurt, these current reductions in the budget amount to less than 10 percent of our operation,” McCray said in the email. “Our mission and our commitment to it remains.”
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