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Tuesday, November 8, 2011
University to eliminate faculty positions in new budget plan - Mark Smith, Abiline Christian College Optimist
As many as eleven faculty members will lose their positions with the university by the end of the year as part of a budget realignment plan to be announced in detail later this month. Under the plan, several departments face restructuring and mergers, and the university will offer early retirement to some faculty members. The university’s Senior Leadership Team will present the new comprehensive plan to the Board of Trustees on Nov. 11. Six days later, Dr. Phil Schubert, president of the university, will present the plan in detail to all faculty and staff. “This realignment is in response to the volatile economy as we are making sure ACU is safe in times when the economy is tough,” Schubert said. “We’re making adjustments as most institution are.” Schubert said that the realignment is important to preserve the financial strength of the university to adjust to the current economy.