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Re: UTSA lay offs
[Re: kennerdude]
#13616192
07/02/20 02:01 PM
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Joined: May 2009
Posts: 10,956
Texan Til I Die
TFF Guru
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TFF Guru
Joined: May 2009
Posts: 10,956 |
The UT system has more than enough capital to continue employing those people if they chose to. I would guess there are some internal politics involved in who stays and who goes. This makes for a good excuse to trim off whomever they no longer want around. The System continues to maintain and protect its strong financial condition, with net position of $45.9 billion at August 31, 2019. Revenues totaled $21.4 billion in 2019. UT System Financial Report from Jan 2020
"If ever time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin." - Samuel Adams
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Re: UTSA lay offs
[Re: kennerdude]
#13616237
07/02/20 02:23 PM
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Joined: Mar 2008
Posts: 61,764
LoneStarSon
Private Dancer
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Private Dancer
Joined: Mar 2008
Posts: 61,764 |
I hate to read that....The state has told all state agencies to cut 5% from their budget for this fiscal year and I believe the next as well.
I wonder if their enrollment numbers are down and that is why they are taking such measures.
One of my best friends is a track coach in SC and I know they have had to cut some positions due to lower enrollment numbers.
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Re: UTSA lay offs
[Re: kennerdude]
#13616241
07/02/20 02:24 PM
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Joined: May 2002
Posts: 95,726
Bob Davis
Bunkeroid Bob
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Bunkeroid Bob
Joined: May 2002
Posts: 95,726 |
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Re: UTSA lay offs
[Re: kennerdude]
#13616382
07/02/20 03:42 PM
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Joined: Sep 2008
Posts: 5,190
fishslime
TFF Celebrity
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TFF Celebrity
Joined: Sep 2008
Posts: 5,190 |
I'm surprised a couple of people on here didn't say we won't miss them. We have too many college professors anyway.
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Re: UTSA lay offs
[Re: kennerdude]
#13616388
07/02/20 03:45 PM
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Joined: Jan 2009
Posts: 3,885
JJ4MEL
TFF Team Angler
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TFF Team Angler
Joined: Jan 2009
Posts: 3,885 |
Layoffs should start from the top. Bigger salary equals bigger savings for the company. 1 executive layoff could save about 20 lower level employee's jobs. Just my 2 cents.
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Re: UTSA lay offs
[Re: kennerdude]
#13616394
07/02/20 03:47 PM
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Joined: Jan 2004
Posts: 74,867
Mark Perry
Super Freak
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Super Freak
Joined: Jan 2004
Posts: 74,867 |
I hate to see that. Hopefully they find another job quickly.
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Re: UTSA lay offs
[Re: kennerdude]
#13616401
07/02/20 03:51 PM
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Joined: May 2007
Posts: 44,977
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 44,977 |
Fing with tax revenue is a bad thing.
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Re: UTSA lay offs
[Re: kennerdude]
#13616881
07/02/20 09:40 PM
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Joined: May 2018
Posts: 60
RattlesnakeDan
Outdoorsman
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Outdoorsman
Joined: May 2018
Posts: 60 |
My wife got cut yesterday after 10 years with them. Her boss was there 26 years. No forewarning just a phone call saying you are no longer employed here. It was mostly directors and assoc./ asst. directors from what we can tell. They were becoming a liberal cesspool anyways and we thank God that she will find something better and more in line with Godly morals and principles. Most of these Universities are taking millions and billions from communist China. Good to distance ourselves from them
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Re: UTSA lay offs
[Re: RattlesnakeDan]
#13616885
07/02/20 09:43 PM
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Joined: Mar 2008
Posts: 61,764
LoneStarSon
Private Dancer
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Private Dancer
Joined: Mar 2008
Posts: 61,764 |
My wife got cut yesterday after 10 years with them. Her boss was there 26 years. No forewarning just a phone call saying you are no longer employed here. It was mostly directors and assoc./ asst. directors from what we can tell. They were becoming a liberal cesspool anyways and we thank God that she will find something better and more in line with Godly morals and principles. Most of these Universities are taking millions and billions from communist China. Good to distance ourselves from them I'm sorry about the job loss. Praying she finds something soon.
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Re: UTSA lay offs
[Re: kennerdude]
#13616892
07/02/20 09:49 PM
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Joined: Mar 2008
Posts: 34,599
cocodrie
TFF Guru
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TFF Guru
Joined: Mar 2008
Posts: 34,599 |
My MIL retired from there this year. Glad she made that choice.
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Re: UTSA lay offs
[Re: fishslime]
#13616898
07/02/20 09:53 PM
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Joined: Feb 2012
Posts: 7,998
Caymas Cx 21
TFF Celebrity
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TFF Celebrity
Joined: Feb 2012
Posts: 7,998 |
I'm surprised a couple of people on here didn't say we won't miss them. We have too many college professors anyway. Anytime families source of income go away is a bad deal for everyone.
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Re: UTSA lay offs
[Re: fishslime]
#13616920
07/02/20 10:04 PM
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Joined: Apr 2006
Posts: 26,527
outfishdya
TFF Guru
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TFF Guru
Joined: Apr 2006
Posts: 26,527 |
I'm surprised a couple of people on here didn't say we won't miss them. We have too many college professors anyway. Full time staff, not part time professors. We will soon see how many professors are needed.
Sometimes a bitter man trying to be a better man
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Re: UTSA lay offs
[Re: kennerdude]
#13616936
07/02/20 10:18 PM
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Joined: Mar 2008
Posts: 34,599
cocodrie
TFF Guru
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TFF Guru
Joined: Mar 2008
Posts: 34,599 |
My mom works at Trinity Univ, a prestigious private college here in SA. Their main concern is, if everyone ends up taking online classes for 2020/2021, why TF would they spend all that money to go to school there? Everyone is going into panic mode at that school.
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Re: UTSA lay offs
[Re: kennerdude]
#13617020
07/02/20 11:19 PM
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Joined: Sep 2006
Posts: 10,741
Spiderman
TFF Guru
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TFF Guru
Joined: Sep 2006
Posts: 10,741 |
Layoffs should start from the top. Bigger salary equals bigger savings for the company. 1 executive layoff could save about 20 lower level employee's jobs. Just my 2 cents. Like in Corp America,the people at the top of the pyramid are the ones making the choices. Chevron & Exxon Mobil announced layoffs of 15,000 while giving the CEO at Chevron a pay raise to 36 million for 2020.
The Truth is six of the seven Dwarfs are not Happy!
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