Business and the Economy
Layoff Notices Go Out at UK
The Lexington Herald reports this morning layoff notices are going out to some University of Kentucky employees. UK spokesman Jay Blanton says administrators are gathering information from individual departments. He’s not speculating on how many people will face layoffs. In an e-mail to UK employees, President Eli Capilouto said the school has been cut 50 million dollars in state funding since 2007.
UK is Lexington’s largest employer with 25 hundred faculty, nine thousand staff members, and an additional three thousand workers in UK Healthcare.