Dallas Morning News (Internet / Print) 06/21/06 http://www.dallasnews.com/sharedcontent/APStories/stories/D8IC82O00.html The University of Texas Medical Branch in Galveston will cut about 1,000 jobs, the school's president said Tuesday. Only about 15 percent of the cuts will come through attrition, which means about 850 people will receive pink slips, UTMB President John Stobo said in a report on the Galveston County Daily News Web site. The university employs about 13,000 people. The reductions are an attempt to stem operating losses of about $20 million a year and help the school build a reserve fund, the newspaper reported. Other plans to improve its financial health include increasing the number of patients with private insurance. About 85 percent of the school's income from patients comes from governmental sources such as Medicare, Medicaid and the state. The school contracted with a Chicago consultant for recommendations that would make UTMB more efficient. (This Associated Press story has appeared widely throughout the state on TV and in Print.)