University of Akron offers buy-out to 47 percent of faculty

[austinmshauri]

Since hiring for CS faulty faces strong competition with industry for people with PhDs in CS, would a junior CS faculty necessarily be less expensive than a senior classics (or other subject with little industry competition to hire) faculty?

Yes, they could be. Colleges can create several visiting positions and use adjuncts to supplement their program. They don’t have to create tenured positions.