University of Texas System eliminates 50 vacant jobs and offers buyouts over funding concerns

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AUSTIN, Texas (AP) - The University of Texas System has eliminated 50 vacant jobs and will offer buyouts to retirement-eligible workers amid funding concerns.

The Austin American-Statesman reports Chancellor Bill McRaven offered details last week in a memo to employees. McRaven says only essential positions are currently being filled.

UT System spokeswoman Karen Adler says no target numbers have been decided for buyouts or possible layoffs.

Adler says the eight-campus system had 763 employees as of last fall. That includes some positions not on the state payroll and some jobs funded by the system but housed at UT System campuses.

McRaven says 40 programs and projects previously funded by regents are being assessed. Part of any freed-up money could go to his initiatives dubbed "quantum leaps," including a network of national security specialists.

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