With “Connecting minds, creating insights” our mission, Insight offers dynamic, creative platforms for sharing business news and information in Northeast Wisconsin — from magazines and events to digital messaging and marketing partnerships.
Back issues for our three publications are available to view using our digital publishing format. Simply select the publication from the list to the right, then click on the desired back issue.
The University of Wisconsin-Oshkosh will begin placing some employees on furloughs starting May 4 in response to the financial strain brought on by COVID-19.
Last week, the UW System Board of Regents’ Executive Committee announced its approval of employee furloughs to combat the financial troubles facing all of its campuses.
UW-Oshkosh said furloughs for some employees at all three college campuses will begin May 4. Some employees will be on furlough from May 4 until Aug. 31. Other employees will have intermittent furloughs for a yet-to-be-decided number of days from May 4 through June 2021.
In a news release, UW-Oshkosh said it sustained about a $7 million loss due to reimbursements to students on their room and board costs since the university transitioned to an online only format and other COVID-19 related costs. That loss leaves a gap of $4 million, which threatens the university’s ability to cover some of its costs, including payroll.
UW-Oshkosh received $6.2 million from the federal CARES Act, but half of those funds will provide needed direct financial relief for students.