More than 300 people employed by UT campuses will lose their jobs over the next two years.

Officials said 500 positions will be cut, but 300 of those positions are full now. Interim UT President Jan Simek said those people will be told they need to start looking for other work.

UT board members also today voted to endorse a plan to eliminate seven vice presidential positions from the UT system organization. Five of the positions are being renamed. Two positions will be completely cut. Only one person, Sylvia Davis, the vice president for strategic planning and operations, could be laid off. The plan will be adopted immediately, said Jan Simek, UT interim president.

The UT board will meet in August to discuss further cuts to the system administration.