University of Colorado to cut 54 positions, trim pay of senior execs - Denver Business Journal

The University of Colorado said Friday it is cutting 54 administrative positions and reducing pay of senior executives — including CU President Bruce Benson — by 5 percent, as part of a cost-cutting and efficiency initiative. The new moves will result in a cut of $6.2 million, or 15.6 percent, in CU’s $39 million operating budget for its administration, officials said.