Aug 22, 2020

COVID hits UNL's wallet, more than 50 furloughed salary reductions in effect

Posted Aug 22, 2020 12:54 AM

When it pours it rains it seems. 

The Nebraska athletic department made some announcements on Friday that will have long lasting effects on the program. In order to help mitigate a huge $100 million deficit that has cropped up thanks to coronavirus, the program will make the following changes: 

51 employees from athletics (330 total from the campus) will be furloughed for four months

The rest of the employees will see a 10% pay reduction through the end of the year

These measures are expected to save just about $3 million according to a statement from the university. 

"This one is designed to furlough people whose good work is not going to be needed in the fall because we've got no events. What we're going to do is go four months, and I'll tell you why. That gets us to Jan. 1, and I want that to be a new day." said Bill Moos athletic director for the university. 

The university has already laid off 17 full-time employees back in June and called for a 10% overall budget reduction. 

The university is still looking for ways to chop into the deficit, they are hoping that a spring sports season will have a chance to help fill some of the coffers. 

Until then, when it rains it pours and Bill Moos and company are trying to find the biggest umbrella they can to cover as many people as possible.