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)

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