You don't have any kind of bridging policy? That seems harsh; it usually takes a couple of cycles without funding before we send anyone off into the wilderness (or, more likely, to become a lecturer somewhere in their field, despite their "reearch orientation"). - DvF
Here, everyone is soft money - TT or non TT. TT faculty may get some bridge money, depending on past funding, current budgetary resources and such. Non TT faculty get no such slack - they are gone.
It is harsh.
mm