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'Matters of life-or-death': UC Berkeley works to close $340M budget deficit

Faced with a projected $340 million budget deficit, UC Berkeley is primarily turning to its employment base for cost-saving measures. Through a hiring freeze, voluntary reductions in time, early retirements and various other actions, UC Berkeley reduced about $140 million of the deficit. According to Rosemarie Rae, campus vice chancellor of finance and chief financial officer, the campus is still seeking measures to amend the remaining $200 million deficit. “Every alternative is being assesse...
United States Todd Stenhouse Dan Mogulof Rosemarie Rae Carol Christ Anke Schennink

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