KU Endowment adopts cost-saving measures, including hiring freeze, 10% budget reduction | News, Sports, Jobs - Lawrence Journal-World: news, information, headlines and events in Lawrence, Kansas
KU Endowment, at 1891 Constant Ave., is shown in this Journal-World file photo from Nov. 23, 2016. Like the University of Kansas, KU Endowment adopted cost-saving measures this fiscal year because of financial uncertainty related to the COVID-19 pandemic. Michelle Strickland, spokesperson for the nonprofit organization, said in an email to the Journal-World that these measures include a 10% operating budget reduction for the current fiscal year, the implementation of a hiring freeze and no salary increases this fiscal year. Strickland said three employees who serve in officer roles took a 1...
Source: ljworld.com