Budget Cuts Push Georgia Tech to Lay Off 27 Employees
The Georgia Institute of Technology intends to lay off 27 workers, citing financial constraints from COVID-19.
The Atlanta Journal-Constitution reports that 27 workers will be laid off and 129 vacant positions will not be filled due to a $33.7 million budget reduction. In addition to this, 109 Georgia Tech employees are scheduled to retire at the end of this year as part of its Voluntary Separation Incentive Program.
The University of Georgia implemented a similar program for its employees earlier this year. According to human resources, the voluntary program m "provides a one-time financial incentive equal to one-third of the individual's salary."
Many other schools in the University System of Georgia have enacted similar programs due to budget cuts.