UT Mulling Eliminating 500 Jobs Via Consolidation 10/12/13
October 12, 2013
AUSTIN, Texas (AP) - The University of Texas is mulling a plan that would cut about 500 jobs by consolidating finance, personnel, information technology and purchasing functions currently scattered among various units.
The Austin American Statesman reported (http://bit.ly/1egfdDp ) Saturday that university officials said the plan would save money and increase efficiency.
They said most job cuts could be attained through retirements, voluntary resignations and attrition.
Word of the plan came in a draft document leaked to reporters by the Texas State Employees Union, which represents some university employees.
Titled "UT Shared Services Plan," it projects savings of up to $140 million after 10 years, with continuing savings of up to $40 million annually.
The Texas State Employees Union opposes the plan, and has asked officials to get more input from workers before moving forward.