The University of Michigan is condensing its human resources and financial services departments into a Shared Services Center.
University spokesperson Rick Fitzgerald says the new center will improve efficiency and cut costs. The center is expected to save U-of-M $5 to $6 million in its first three years of operation.
It should be operating at full capacity by October of 2014.
Fitzgerald says employees currently working in the affected departments will be considered first for employment in the new center, but are not guaranteed a job.
For more information: http://ast.umich.edu/