University budgets

Education
5:55 am
Wed March 20, 2013

EKU Preparing for Staff Reductions, Possible Layoffs

The Eastern Kentucky University Board of Regents has approved a plan to reduce staff in an effort to reallocate $23 million.

The Richmond school said in a news release Tuesday that the regents approved a combination of layoffs, staff voluntary buyouts and faculty early retirements to achieve its goals. EKU has about 2,100 full-time faculty and staff on its main campus and regional campuses in Corbin, Danville, Manchester and Somerset.

According to the school's website on the staff reductions, the number of layoffs won't be determined until voluntary buyouts are concluded. EKU says it's seen a 15.2% decline in state support over the last five years.