Friday, April 24, 2009

Greensboro College cuts jobs, wages - Kira Mathis, News 14

Economic stresses have forced another Triad college to make some hard financial choices. Greensboro College administrators said they were forced to make some budget cuts.... "I just hope that nothing happens as far as our accreditation or anything like that to the point where I'd have to transfer, and that might mess up my credits and make me not graduate on time," Greensboro College freshman Stephanie Geiss said. Administrators explained Friday that eight people were laid off. Salaried employees will have to take a temporary 20 percent pay cut beginning May 1.