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RE: MPBC to cut work force, reorganize

(Here at
> MIT, a full-time employee making $50,000 annually costs
> about $120,000
> to employ, but we have a relatively high overhead rate compared to
> other universities.)
> Of course, some of the overhead goes to cover fixed
> costs, so the full
> nominal savings is unlikely to be achieved.
> -GAWollman

Try _that_ overhead ratio in business/industry!

Bill O'Neill