Friday, February 23, 2018

Morehead State University announces buyout plan as financial reckoning begins - LINDA BLACKFORD, Kentucky.com

Morehead State University is the first of Kentucky’s regional universities to cut its workforce in the face of impending state budget cuts and exploding pension costs, announcing voluntary buyouts that would let employees go part-time or leave the university. “This spring will ultimately result in a need to make a significant reduction in our employee FTE across all areas of the campus,” President Jay Morgan wrote in a campus-wide email dated Friday. “Our preference is to make those position reductions in vacant personnel lines created through normal employee attrition and ‘voluntary separation options’ before having to consider potential involuntary reductions in force of current employees.” http://www.kentucky.com/news/local/education/article199919344.html