OAKLAND, Calif. -- The president of the University of California is proposing to furlough tens of thousands of employees to offset deep funding cuts to the 10-campus system.
UC President Mark Yudof unveiled the furlough proposal Friday as part of his plan to address an expected 20 percent reduction in state funding.
Under his plan, most employees would see their paychecks reduced but receive additional days off. Employees would see salary reductions ranging from 4 percent to 10 percent, with higher paid workers taking bigger pay cuts.
The furloughs are expected to result in $184 million in savings to the university's general fund budget.
The UC Board of Regents is scheduled to vote on Yudof's plan when it meets in San Francisco next week.
Copyright AP - Associated Press
