$710 Million in Ike Damages at University of Texas Medical Branch at Galveston, Mass Layoffs to Be Averted?
The University of Texas Medical Branch at Galveston has suffered around $710 million in damages from Hurricane Ike. Texas lawmakers are working on a relief measure that would prevent layoffs of up to one-third of UTMB's workforce.
Read more about it at "Big Changes at UTMB after Ike"; "Hurricane Ike Caused $710-Million in Damage to University in Texas, Official Says"; "Lawmakers Promise UTMB Rescue: Key House and Senate Chairmen Work to Head Off Loss of 4,000 Jobs"; "Phone Calls to Lawmakers Save Jobs at UTMB"; and "UT Chancellor Predicts 'Significant' Layoffs at Galveston Medical Campus: Costs Up, Revenue Down in Wake of Hurricane Ike."
