Baltimore Sun: University furloughs
Maryland system workers to lose up to 5 days under plan OK’d by Board of Regents
Employees of the state university system will be furloughed up to five days under a plan approved yesterday by the Maryland Board of Regents that would save $16 million in salary costs.
Regents said the furloughs, which will come between January and June, were preferable to laying off any of the system’s 22,500 full-time employees. The furloughs, the system’s first since 1992, were ordered by the governor as the state tries to balance its budget in the face of declining revenues and a global economic crisis.