University of Calgary to slash payroll after post-secondary funding cuts
CALGARY – The University of Calgary is eliminating 250 management, faculty and support staff jobs following the Alberta government’s announcement last month of a post-secondary funding cut.
Staff learned of the reduction at a town-hall style meeting Monday afternoon.
University president and vice-chancellor Dr. Ed McCauley says 100 positions will be slashed through retirements, vacancies and resignations, while the remainder will be eliminated in two phases between now and mid-January 2020.
The province announced in its October’s budget that grants to the U of C would be reduced by 6.9 per cent, meaning a reduction of nearly $33 million from the school’s operating budget.