CENTRAL NEW MEXICO COMMUNITY COLLEGE WILL BE SLASHING 100 JOBS BECAUSE OF A BUDGET SHORTFALL. SCHOOL; OFFICIALS SAY THEY HAVE NO CHOICE BECAUSE OF FUNDING CUTS AND LOWER TUITION REVENUE. THE SCHOOL PLANS THE CUTS ON JULY 1ST.
CNM SAYS FULL TIME EMPLOYEES WHO ARE ELIGIBLE FOR RETIREMENT BEFORE SEPTEMBER CAN GET A INCENTIVE PACKAGE OF AN EXTRA 500 DOLLARS FOR EACH YEAR THEY’VE WORKED FOR THE COLLEGE. BUT THEY HAVE TO COMMIT TO LEAVING BY MARCH 31ST.
CNM OFFICIALS SAY THEY’LL TRY TO WORK OUT THE REMAINING JOB CUTS THROUGH RETIREMENT PACKAGES AS WELL, BUT NOTE THAT MAY NOT BE POSSIBLE.
