Many budget questions remain unresolved heading into the fiscal year that starts Oct. 1 and there could be another $100 million drop in funding, so Oak Ridge National Laboratory is implementing plans to further reduce overhead spending and opening a voluntary separation program that could reduce the workforce by up to 475 jobs, Director Thom Mason said Thursday.
Employees can apply for the Voluntary Separation Program, or VSP, from Oct. 1 to Nov. 14. Those employees who are accepted will leave the payroll by Dec. 31.
Lab officials emphasized that they hope the number of staff cuts is smaller than 475. ORNL has about 4,400 to 4,500 employees. [Read more…]