Dive Brief:
- A dozen faculty members and about 50 staff members accepted voluntary layoffs at the University of Minnesota Duluth.
- The school last week announced a plan to reduce its budget by $9.4 million, with job cuts and revenue increases included in the plan.
- The university's budget shortfall comes from declining state funding and a decline in enrollment that began in 2011.
Dive Insight:
While some of the positions affected by the layoffs will be refilled — with less expensive workers — some will be left vacant for additional cost savings. In a question and answer session on the budget troubles, Chancellor Lendley Black told students, staff, and faculty that the school would need more money from the state in order to close its budget gap.