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Facing $177M shortfall, University of Arizona moves to stop financial bleeding tucsonsentinel.com/local/repor
The University of Arizona faces a $177 million deficit, and over the next 18 to 36 months the school will pursue consolidations and layoffs throughout its administration, as well as across-the-board budget cuts of 5 to 15 percent.

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@TucsonSentinel I think this is the first time I've heard "layoffs" said out loud by someone in the administration; the acting CFO in this case...

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