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Wed June 6, 2012
University Of Kentucky Cuts 300 Jobs
LEXINGTON, Ky. -- More than 300 jobs are being cut at the University of Kentucky, including 140 with employees in full- or part-time posts and 164 that are already vacant.
University spokesman Jay Blanton told the Lexington Herald-Leader the departments most impacted are Information Technology and Human Resources. IT laid off 11 of 240 employees, while Human Resources laid off five of 110 workers.
Affected employees will receive 90 days' notice in lieu of severance packages.
University President Eli Capilouto announced last month that UK would reduce spending to make up a $45 million budget deficit over the next two years. In a campus-wide email Tuesday, he said UK has lost $50 million in state funding since 2007.
The university employs about 2,500 faculty members and 9,000 staff. UK Healthcare employs an additional 3,000.