University of Michigan to cut HR and financial services staff

Lynn Russo Whylly's picture

The University of Michigan is cutting staff and centralizing its human resources and financial services in an effort to reduce costs.

The idea is to streamline certain functions by offering them in one place —a Shared Services Center.

When it's at full capacity in October 2014, the center will include 275 employees, doing the jobs of the roughly 325 people who currently tackle human resource and financial service functions throughout the school.

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