Daily Texan (Internet / Print) 06/22/06
The University of Texas Medical Branch in Galveston will lay off 1,000 employees by Sept. 1 because of budget deficits. "These are challenging times," said UTMB President John Stobo at a meeting of faculty, staff and clinical personnel Tuesday. "People will be affected, but this will allow UTMB to be a better institution." About 150 jobs were cut in 2003 following a $50 million state budget cut. At the time Stobo said, "[These cuts] will enable us to reach our financial targets without making even deeper cuts," according to the UTMB Web site. Since 2000, the number of uninsured patients has been increasing - putting pressure on the school's finances, Stobo said. Tuition received from the approximately 2,000 students does not have a huge impact on the institution. About 60 percent to 65 percent of money received by UTMB comes from patients, said Chris Comer, associate vice president for public affairs at UTMB.