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

Maggie Goloboy Named Senior Associate AD Of Strategy & Special Initiatives For UNC Athletics
Maggie Goloboy, a UNC Women's Basketball alumna and executive with extensive leadership experience in strategy across the media, consumer, and sports sectors, has been named...
Mon Jul 13, 2026

A letter from new athletic director Steve Newmark to the Carolina Athletics community
As I prepare to begin my first academic year as director of athletics at the University of North Carolina, I want to take a moment...
Tue Jul 7, 2026

Video: IC Podcast - UNC's Bubba Cunningham, the Legacy and the Changing of the Guard
The position of Athletic Director has played a key role in UNC's pursuit of athletic excellence across 28 sports. Inside Carolina's Greg Barnes and Tommy...
Fri Jul 3, 2026

Video: Locked On Tar Heels - UNC's Top 10 Moments Of 2025-26 - Henri Veesaar's Emergence
Top 10 UNC Athletics moments of 2025-26, No. 10-8. Isaac Schade spotlights Henri Veesaar’s explosive rise in men’s basketball, the strategic impact of the House...
Wed Jul 1, 2026