PonyFans.comBoard IndexAround the HilltopFootballRecruitingBasketballOther Sports

SMU to cut $35mm through layoffs etc

General discussion: anything you want to talk about!

Moderators: PonyPride, SmooPower

SMU to cut $35mm through layoffs etc

Postby RGV Pony » Fri Dec 05, 2014 7:14 am

Excess debt through construction... What happened to only starting when 80% of the cost has been raised?

http://www.dallasnews.com/news/communit ... illion.ece
User avatar
RGV Pony
PonyFans.com Super Legend
 
Posts: 17269
Joined: Sat Dec 27, 2003 4:01 am
Location: Dallas

Re: SMU to cut $35mm through layoffs etc

Postby DanFreibergerForHeisman » Fri Dec 05, 2014 7:27 am

Bad news for sure.
Shake It Off Moody
User avatar
DanFreibergerForHeisman
PonyFans.com Super Legend
 
Posts: 16484
Joined: Mon Jul 24, 2000 3:01 am
Location: The 214

Re: SMU to cut $35mm through layoffs etc

Postby PonySnob » Fri Dec 05, 2014 8:41 am

Have several friends on the faculty and they all say that SMU has added layer upon layer of "administrative" people in the last few years.


Sent from my iPad using Tapatalk
Peruna is my mascot!
User avatar
PonySnob
PonyFans.com Super Legend
 
Posts: 11516
Joined: Sat Feb 08, 2003 4:01 am
Location: Dallas, TX

Re: SMU to cut $35mm through layoffs etc

Postby GiddyUp » Fri Dec 05, 2014 8:41 am

Somebody messed up
User avatar
GiddyUp
PonyFans.com Super Legend
 
Posts: 8225
Joined: Thu Feb 03, 2011 5:48 pm

Re: SMU to cut $35mm through layoffs etc

Postby CalallenStang » Fri Dec 05, 2014 8:49 am

We should be finding ways to streamline operations annually, not just when we get into some financial trouble.
User avatar
CalallenStang
PonyFans.com Super Legend
 
Posts: 19359
Joined: Thu Jun 23, 2005 9:43 pm
Location: 25 feet from the Hillcrest track

Re: SMU to cut $35mm through layoffs etc

Postby couch 'em » Fri Dec 05, 2014 9:02 am

Someone made a great point - enrollment has changed much but we have twice as many buildings. Seems like going from Perkins admin bldg to Perkins, Blanton, and an office tower implies a few expendible positions
"I think Couchem is right."
-EVERYONE
User avatar
couch 'em
PonyFans.com Super Legend
 
Posts: 9758
Joined: Wed Sep 04, 2002 3:01 am
Location: Farmers Branch

Re: SMU to cut $35mm through layoffs etc

Postby NavyCrimson » Fri Dec 05, 2014 9:22 am

Better start working on that endowment boys -including the 'should be/long over due' athletic one. Perhaps this will finally get their attention.
BRING BACK THE GLORY DAYS OF SMU FOOTBALL!!!

For some strange reason, one of the few universities that REFUSE to use their school colors: Harvard Crimson & Yale Blue.
User avatar
NavyCrimson
PonyFans.com Legend
 
Posts: 3139
Joined: Wed Sep 13, 2000 3:01 am
Location: Simi Valley-CA (Hm of the Ronald Reagan Presidential Library)

Re: SMU to cut $35mm through layoffs etc

Postby skyscraper » Fri Dec 05, 2014 10:11 am

Seems like there's plenty of needless admin type jobs that can go. No need to go after any professors or adjuncts.
Image
User avatar
skyscraper
PonyFans.com Super Legend
 
Posts: 5471
Joined: Sun Nov 01, 2009 9:46 pm
Location: Dallas

Re: SMU to cut $35mm through layoffs etc

Postby Digetydog » Fri Dec 05, 2014 10:31 am

PonySnob wrote:Have several friends on the faculty and they all say that SMU has added layer upon layer of "administrative" people in the last few years.


Sent from my iPad using Tapatalk


For years, students and parents ignored student loan debt. As a result, schools were able to raise tuition without worrying about who would pay. If you look at our budget, the teaching cost has not gone up by anything close to what tuition has increased. The main driver is administrators and their staff.

BTW - Law School budgets are going to get hammered in the coming years. With good jobs hard to get, students aren't willing to pay $50K for 3 years to end up doing document review by the hour.
Do unto others before they do unto you!!
User avatar
Digetydog
PonyFans.com Legend
 
Posts: 3913
Joined: Sun Dec 18, 2011 5:33 am

Re: SMU to cut $35mm through layoffs etc

Postby 03Mustang » Fri Dec 05, 2014 10:32 am

If they can cut $35 million in a single year that says a good amount about the needless administrative layers that are in place.
03Mustang
PonyFans.com Legend
 
Posts: 4238
Joined: Thu Jan 05, 2006 12:47 am
Location: Allen, TX

Re: SMU to cut $35mm through layoffs etc

Postby Digetydog » Fri Dec 05, 2014 11:11 am

03Mustang wrote:If they can cut $35 million in a single year that says a good amount about the needless administrative layers that are in place.


If the keep saving $35M per year, it is like adding $350M to the endowment.
Do unto others before they do unto you!!
User avatar
Digetydog
PonyFans.com Legend
 
Posts: 3913
Joined: Sun Dec 18, 2011 5:33 am

Re: SMU to cut $35mm through layoffs etc

Postby b_caesar » Fri Dec 05, 2014 11:42 am

skyscraper wrote:Seems like there's plenty of needless admin type jobs that can go. No need to go after any professors or adjuncts.


Yup, all kinds of needless "admin type" jobs on campus - and we all know it won't be higher level admins who will go first, but those support staff "admin types" - sure hope those profs and adjuncts know how to answer the phone, transfer calls, turn on their computer, make copies, type their own letters, enter their own grades, complete all the necessary forms and paperwork when they travel or to get reimbursed for something they had better have gotten in-advance permission first to purchase, not to mention buying their own office supplies and setting up (and cleaning) the coffee machine and, and, and... If not, they'd best get to learning how pretty quickly. Time for the educators to get educated. Looks like they have until mid-January or so.
Don't worry. Be Happy. Or not.
User avatar
b_caesar
Heisman
 
Posts: 1523
Joined: Wed Feb 03, 2010 10:17 pm
Location: North America

Re: SMU to cut $35mm through layoffs etc

Postby ObeyMyDog » Fri Dec 05, 2014 12:29 pm

Digetydog wrote: BTW - Law School budgets are going to get hammered in the coming years. With good jobs hard to get, students aren't willing to pay $50K for 3 years to end up doing document review by the hour.


This will get very nasty. Law schools were revenue drivers with such force until just a few years ago, everyone was leveraging the crap out of them. That equals higher enrollments across the board which equals too many lawyers. Natural correction occurring. Add the fact in also that career services in law schools are utterly incapable of thinking outside the box and placing anybody themselves (i.e. they need the firms/non legal openings to come to them in almost every case) they have no choice but to trim fat with lower enrollment coming.

I'm glad SMU is doing this. Academia's nonsense really makes me angry most of the time. If you are truly good at your job and/or valuable you aren't going anywhere.
Usually, the team that scores the most points wins the game - John Madden
User avatar
ObeyMyDog
Varsity
 
Posts: 352
Joined: Sat Dec 04, 2010 5:14 pm

Re: SMU to cut $35mm through layoffs etc

Postby Planter's Punch » Fri Dec 05, 2014 1:15 pm

The admin expenses need to be cut. Law Schools are not longer the cash cows they used to be. Fewer families can carry the debt required for full undergraduate tuition. High admin cost also result in taking a large chunk of research dollars professors bring in, which results in less funding for equipment and graduate students. A lower graduate tuition would make Masters degrees more attractive to people in the DFW area (as masters degrees are revenue generators). The fact SMU is so reliant on dirt cheap adjunct professors for educating undergraduates, and yet has skyrocketing tuition, is a sign things need to change. Has SMU ever hired Teaching Professors (Professors who main goal in teaching as opposed to research)?

Hopefully this will result in high end donors seeing their money going farther and not being trapped in bureaucratic waste.
Planter's Punch
All-American
 
Posts: 970
Joined: Mon Aug 11, 2014 5:48 pm

Re: SMU to cut $35mm through layoffs etc

Postby RGV Pony » Fri Dec 05, 2014 1:17 pm

They could carve out a lot by doing away with most of the fluff mail they send. 86 the presidents associated calendar and just have rgt text thanks
User avatar
RGV Pony
PonyFans.com Super Legend
 
Posts: 17269
Joined: Sat Dec 27, 2003 4:01 am
Location: Dallas

Next

Return to Around the Hilltop

Who is online

Users browsing this forum: No registered users and 20 guests