We have updated information regarding budget issues at the University of Oklahoma.
On his first day as president on Monday, Jim Gallogly announced the university is laying off about one-third of the executives who report directly to him. The cuts will affect the main campus in Norman, the Tulsa campus and the Health Sciences Center in Oklahoma City.
In a press release, Gallogly states the reorganization will keep tuition rates stable. Plus, this will help OU work toward faculty pay raises.
For reference, the university spent $547.4 million on compensation and benefits in 2017.