Yale cuts admin costs by 8 percent - LORENZO ARVANITIS, Yale Daily

After five years of cuts, Yale now saves a cumulative $53 million per year on administrative costs, Vice President for Finance Stephen Murphy ’87 told the News last week. This fiscal year’s result places the University just short of achieving its goal of $58 million in savings per year relative to inflation. The administrative cost savings initiative was established in 2015 to increase administrative productivity and free up funds for investment in the University’s academic priorities. https://yaledailynews.com/blog/2019/01/31/yale-cuts-admin-costs-by-8-percent/