CU system announces lay-offs, salary cuts | VailDaily.com

CU system announces lay-offs, salary cuts

DENVER, Colorado ” The University of Colorado system is cutting 54 administration jobs and trimming top leaders’ salaries in a reorganization that is expected to save $6.2 million, or about 15.6 percent of the system’s operating budget.

CU President Bruce Benson, CU vice presidents and campus chancellors are taking 5 percent salary cuts, Benson announced Friday. The 54 job cuts affect 29 people, including the vice president for academic affairs and research, spokesman Ken McConnellogue said. The other positions were already vacant.

CU’s campuses in Boulder, Colorado Springs, Denver and the Anschutz Medical Campus will announce budget cuts by mid-May.

“The reorganization of system administration will improve our operations while also allowing us to address significant budget challenges,” Benson said in a written statement. “Our primary focus is ensuring that we support our academic and research functions while keeping administrative overhead low.”

The reorganization comes from a review Benson initiated last fall. The review made several recommendations, including adding a vice president for university services to oversee information technology, information security, and payroll and benefits.

It also recommended strengthening diversity efforts. Benson’s office, chancellors and chief diversity officers on each campus plan to meet regularly to address diversity issues.

The campuses also plan to review whether they can share more services.

CU’s system administration in Denver and Boulder includes the president’s office, administration, legal counsel, government relations, budget and finance, academic affairs and communications. It provides services including payroll and benefits, information technology, human resources and legal services.