Tennessee: 115 at University of Memphis will get buyout offer

by E Wayne Ross on September 30, 2008

Commercial Appeal: 115 at University of Memphis will get buyout offer

Faculty, staff eyed in cost-saving effort

In a “novel” move that could save the University of Memphis $1.5 million, the Tennessee Board of Regents unanimously approved a plan Friday to offer voluntary buyouts to some faculty and staff as soon as Monday.

The board voted on the proposal Friday during its quarterly meeting at Dyersburg State Community College.