spending

1. June 18, 2021

   University lifts spending restraints imposed during pandemic

   U-M will lift universitywide pandemic-related spending restraints that were implemented in April 2020 but will continue to be prudent about spending in the face of ongoing financial uncertainties.

2. February 26, 2021

   Salary, hiring freezes to ease with approved FY ’22 budget

   When the new fiscal year begins, and subject to budget approval, U-M employees will again be eligible for merit raises and campus units will be able to begin to fill critical faculty and staff vacancies.

3. May 5, 2020

   Job cuts, other steps part of Michigan Medicine economic recovery plan

   Michigan Medicine will undertake an economic recovery plan that includes furloughs or layoffs for hundreds of employees as well as other measures to cover hundreds of millions of dollars in projected losses related to the COVID-19 pandemic.

4. April 20, 2020

   U-M imposes hiring, salary freezes in face of expected shortfall

   U-M will freeze hiring, and employees’ base salaries will not increase through the end of the 2020-21 budget year, as it works to preserve financial resources in the face of the COVID-19 pandemic.