University of Delaware announces layoffs, other measures as budget deficit grows [View all]

The University of Delaware said it is facing a budget deficit of about $250 million this year, as significant revenue loss and increased expenses from the COVID-19 pandemic strain the university's finances.

On Thursday, the university announced another round of cost-saving measures that included layoffs, a voluntary retirement program and voluntary staff hour reductions.

There will also be unpaid leave and temporary reductions to retirement contributions.

Thursday's round of cuts apply to university staff members only, not faculty members. UD administrators have begun talks with the faculty union. Those negotiations will be dependent on how many staff members choose to take the voluntary retirement or reduced hours, university spokesperson Andrea Boyle Tippett said.

Read more: https://www.hockessincommunitynews.com/story/news/2020/09/24/university-delaware-announces-layoffs-budget-deficit-nears-250-million/3516189001/