Closing up shop at Tulane

Staff buyouts targeting 90- 110. But that's just the beginning.

The cut would amount to a bit less than 2 percent of Tulane’s nearly 5,800 employees. And it would save the university roughly $3 million, part of the school’s goal of closing a deficit that runs between $15 million and $20 million a year on an $850 million budget.

The rest of the necessary savings will come from trimming other operating costs and changes to overtime, sick leave and vacation policies, the university said.

The cuts were outlined in a letter university President Michael Fitts sent to staff and faculty Tuesday morning.

Spokesman Mike Strecker said later that the job cuts will not come from faculty but from among staff members not funded by grant money.

Only the largest employer in the city.  Did you know New Orleans is "booming" in the resilient K10+ times?