<?xml version="1.0" encoding="UTF-8" standalone="yes"?><oembed><version><![CDATA[1.0]]></version><provider_name><![CDATA[The Equinox]]></provider_name><provider_url><![CDATA[http://fduequinox.com]]></provider_url><author_name><![CDATA[fduequinox]]></author_name><author_url><![CDATA[https://fduequinox.com/author/fduequinox/]]></author_url><title><![CDATA[FDU Tightens Belt in Wake of&nbsp;Coronavirus]]></title><type><![CDATA[link]]></type><html><![CDATA[<p><strong>By Samantha Hart<br />
</strong><span style="font-weight:400;">Lifestyle Editor </span></p>
<p><span style="font-weight:400;">FDU President Christopher Capuano announced Monday that he would be furloughing certain campus employees in order to save money for the university as a result of the coronavirus pandemic. </span></p>
<p><span style="font-weight:400;">Universities across the country are concerned about the upcoming semester and how to limit the number of cuts to academic programs, intramurals, activities, and clubs.</span></p>
<p><span style="font-weight:400;">“We need to furlough employees because we need to reduce costs given that we anticipate declines in enrollment and revenue this summer and possibly next fall,” Capuano said via email.</span></p>
<p><span style="font-weight:400;">Employees who have little to no work to do remotely, or whose position is not essential during this time, are subject to furlough. </span></p>
<p><span style="font-weight:400;">This cost-saving measure has students wondering what’s next on the chopping block. </span></p>
<p><span style="font-weight:400;">“We will do everything possible to not cut any funding for student clubs and activities,” Capuano said via email.</span></p>
<p><span style="font-weight:400;">Capuano is hopeful the university won’t have to make any additional cost-saving decisions but understands this is an evolving situation that may change in the upcoming weeks and months.</span></p>
<p><span style="font-weight:400;">A total of 205 employees on the two New Jersey campuses have been furloughed, or placed on a temporary leave of absence, and are expected to be absent from the university from April 27 through Aug. 10. </span></p>
<p><span style="font-weight:400;">Along with furloughing some employees and implementing a hiring freeze, Capuano and other members of the senior leadership team will be taking a 20% salary cut until further notice to further cut University costs. </span></p>
<p><span style="font-weight:400;">These savings will be reallocated to a relief fund for students and their families in need along with a downsizing of the school’s budget.</span></p>
<p><span style="font-weight:400;">“I believe that leadership should demonstrate that they’re willing to make sacrifices before asking others to make sacrifices,” Capuano said via email.</span></p>
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