UNC-Chapel Hill weighs furloughs, salary cuts to offset potential $300M loss

Posted Sep 14, 2020
The University of North Carolina at Chapel Hill could lose $300 million this year because of the pandemic, officials said Friday, meaning job cuts might be needed to balance the school's budget. The $300 million figure amounts to 8 percent of the university's annual budget and doesn't include any cuts lawmakers might make to the UNC system's state funding. (WRAL.com)

Related: Business & Administration

UNC goes all in on interlocking NC, but Belichick has a different favorite logo
It’s out with the Old Well logo and in, or back in, with the interlocking "NC" in Chapel Hill. The University of North Carolina announced...
Fri Nov 14, 2025

Martina Ballen To Retire After 38 Trailblazing Years In Carolina Athletics
North Carolina Senior Associate AD/Chief Financial Officer Martina Ballen is retiring after a groundbreaking 38-year career. The first African-American administrator in Carolina Athletics history, Ballen...
Wed Nov 5, 2025

Marcus Ginyard Named UNC Director Of Special Projects
Former UNC forward Marcus Ginyard was recently named Director of Special Projects at UNC, a role supporting leadership in the Offices of Public Affairs and...
Tue Oct 14, 2025

In-Depth With Bubba Cunningham and Steve Newmark
North Carolina Director of Athletics, Bubba Cunningham, and Executive Associate Athletic Director, Steve Newmark, discuss UNC athletics, why Newmark was the right man to replace...
Sun Sep 28, 2025