A consulting company hired to make an internal report of inefficiencies at the University of California, Berkeley, estimated that the institution could save $75 million per year by implementing a series of cost-cutting measures, The Chronicle of Higher Education reported.
The savings would come from centralizing information-technology operations, coordinating purchases and simplifying organizational structure, in which the majority of managers have three or fewer subordinates.
The report has caught the eye of officials at other institutions in the University of California system for how to save money after large state funding cuts.