Sunday, July 23, 2017

50 UMass Boston workers take buyouts - Laura Krantz, Boston Globe

Fifty University of Massachusetts Boston employees, including nine professors, accepted buyouts the university offered in an attempt to plug its $30 million budget gap, the school announced Tuesday. The buyouts will save $4 million, but the savings do not preclude layoffs in the future, the school said. The university offered $20,000 for employees who had worked full time for at least 10 years at UMass or elsewhere in state government. The incentive was $5,000 for all other eligible full-time employees, according to a memo to university staff. https://www.bostonglobe.com/metro/2017/07/11/umass-boston-workers-take-buyouts/jSnRh7LXARzlJ4PjBoYlWJ/story.html

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