- Joined
- Apr 12, 2006
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See article:
http://www.khou.com/topstories/stories/khou081007_tj_utmb_layoffs_avoided_ike.ee25a000.html
However, the institution incurred $710 million in Hurricane Ike-related expenses at its main campus, of which only $100 million would be covered by insurance. It was also unclear how long it could sustain a $50 million monthly payroll with most of its major revenue generators offline.
Sad to see that UTMB may be a casualty of Hurricane Ike.
http://www.khou.com/topstories/stories/khou081007_tj_utmb_layoffs_avoided_ike.ee25a000.html
However, the institution incurred $710 million in Hurricane Ike-related expenses at its main campus, of which only $100 million would be covered by insurance. It was also unclear how long it could sustain a $50 million monthly payroll with most of its major revenue generators offline.
Sad to see that UTMB may be a casualty of Hurricane Ike.