Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (493989)	7/10/2009 12:32:39 PM
From: tejek	Read Replies (5) of 1571825

How long before every road in CA is a toll road? UC chief proposes furloughs to offset budget cuts 3 minutes ago (AP:OAKLAND, Calif.) The president of the University of California is proposing to furlough tens of thousands of employees to offset deep funding cuts to the 10-campus system. UC President Mark Yudof unveiled the furlough proposal Friday as part of his plan to address an expected 20 percent reduction in state funding. Under his plan, most employees would see their paychecks reduced while receiving additional days off. Employees would see pay reductions ranging from 4 percent to 10 percent, with higher paid workers taking bigger pay cuts. The furloughs are expected to result in $184 million in savings to the university's general fund budget. The UC Board of Regents is scheduled to vote on Yudof's plan when it meets in San Francisco next week.

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