Tulane University will be offering staff buyouts this month and may have to impose layoffs if voluntary departures don’t produce enough in savings.
An email to faculty and staff on Tuesday from Tulane President Mike Fitts said that details about the buyouts will be mailed to eligible employees by Oct. 21.
“It is not our intention to force valuable Tulane employees to apply for the Voluntary Separation Program,” Fitts wrote. “However, if we do not achieve the necessary dollars savings through the voluntary phase, we will likely have to consider additional measures such as non-voluntary lay-offs.”
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