Below are all the posts — topics as well as replies — that mention the hashtag #budgetcut.
Mention #budgetcut in your post to continue the discussion!
Massive layoffs in November to pay for their $1 Billion share repurchase program? Or will it be your raise is so small it won't even get you a hamburger at the local restaurant. Would you like fries with that?
News article titled, 'Thomson Reuters Announces $1.0 Billion Share Repurchase Program.'
Oregon State University is laying off non-tenured faculty as part of a budget realignment that took effect July 1, following the Board of Trustees’ May approval of a plan to cut overall expenses by 5.2%. The changes, driven by rising costs that outpace tuition and enrollment growth, also anticipate a potential 15% reduction in federal overhead reimbursements, which fund research-related expenses. In the Department of Botany and Plant Pathology, all non-tenured teaching staff are being let go, including professors Allen Milligan and Stephen Meyers. Milligan, who teaches phycology and aquatic botany, said his fall term course will be his last, leaving no faculty with his expertise in the department. He explained that non-tenured faculty rely heavily on grant funding to cover portions of their salary, and the new model makes retaining such positions financially unsustainable. While OSU says it aims to minimize impacts and is still hiring for some roles, it has not indicated plans to rehire affected non-tenured instructors.
https://dailybaro.orangemedianetwork.com/29003/daily-barometer-news/non-tenured-professors-face-layoffs-with-new-osu-budget/