Friday, April 23, 2010

Colorado State could cut 50 more jobs next year - Rocky Mountain Collegian

As a result of ever-shrinking funding streams, CSU could cut as many as 50 currently filled positions for next year. The layoffs, announced in a press release Friday, add to the 89 positions the university has cut or reduced since 2009. CSU officials expect state funding to the university to be cut about $13 million next fiscal year –– which begins on July 1 –– and they plan to eliminate university expenses by roughly the same amount primarily by reducing operating budgets and continuing a hiring freeze that has been in place for more than a year.