Dear Colleagues:
A brief update for you. As you know, the University is in the midst of resolving a $20+ million funding gap. Most recently, I forwarded a message to all Deans, identifying a target amount that would need to be recaptured from carry-forward funds across the colleges. The total amount being recaptured from our core academic units is $7.7 million. As you can see, it’s less than half of the total. The identified amount is variable across colleges based on available funds, along with mission-related plans. We are also continuing our strategic hiring review of all positions, faculty and staff alike. Positions are being reviewed based on the following criteria: 1) relative need for delivery of our core mission components (advancing retention, graduate, general curriculum delivery, and advancing our research mission, 2) unit level performance (both productivity and efficiency) , 3) implications for our business model, and 4) essential university services. As a reminder, we will be hosting Town Hall meetings on October 3rd and 4th. I would certainly encourage you to attend. Thank you again for your hard work and all that you do for the University of Memphis.
Regards, David