• A voluntary 20% salary reduction for the president and a voluntary 10% salary reduction for the vice presidents, athletics director, head coaches for football and men's basketball, and other more highly compensated employees.
• A 5.5% reduction in operating budgets for the next fiscal year.
• A reduction of 2.5 percentage points in Furman's contribution to employee retirement plans.
• Summer furloughs for employees with diminished workloads, and two weeks of furloughs (or equivalent) for all other employees to be taken during the next fiscal year. Furman's human resources office will assist furloughed employees, who will retain their health benefits, with applying for unemployment and other assistance.
• Discontinuing the baseball and men's lacrosse programs immediately, and reducing the total number of athletics scholarships by 45 over the next five years, with the reductions spread across multiple sports.