Kent State University hoping to avoid layoffs despite $110-million loss from coronavirus pandemic

Cleveland.com reports Kent State University leaders will use salary cuts and other short-term financial adjustments to tackle a multi-million dollar hole brought on by the coronavirus pandemic.

But, for now, layoffs are not planned.

For the next fiscal year, Kent State will temporarily reduce salaries for employees who make more than $38,000 and who are not represented by a union, according to the measure passed by the board. At the end of fiscal year 2021, university officials will review the salary adjustments to determine if they will continue through fiscal year 2022.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.