The Newsroom    Published Tuesday, Oct. 17, 2006, 2:12 PM
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UTMB cutbacks – Isle’s ’06 tempest: Expansion plans downplayed as staff takes hit from shrinking funds

Houston Chronicle, Oct. 15, 2006 In a year when this island city has avoided even the threat of a major natural storm, its largest and oldest employer— the University of Texas Medical Branch — is experiencing an unprecedented financial, employment and political tempest. Facing a $20 million deficit and aiming to cut $130 million in spending in 2007, the 13,000-employee medical center started the year by hiring a consulting firm to heavily reduce expenses.

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