16 Oct deakin university job cuts
and $300 million in 2021. Deakin University vice-chancellor Iain Martin says the university will have to spend much more than it earns in the next three years.Credit:Rob Gunstone. Deakin’s NTEU vice-president Steve Davis said the university’s The university also has campuses in Warrnambool and Burwood.
With discussions on cutting back on the workforce will make things worse. According to the latest figures from the Australian Bureau of Statistics, 143,810 international students arrived in July 2019. Universities Australia has forecast 21,000 jobs will go by the year’s end.
Torquay dam faces decommission after uncapped pipe discovered, Can you borrow money even when you have bad credit? The Staff are the Universities and without some of the staff, I cannot see that Unis can deliver the best to their students or staff. Deakin University is planning to cut 300 jobs from its campuses due to the financial hit from the coronavirus. “Our recovery from the COVID-19 pandemic is not going to be a V-shaped one. Early modelling suggests universities will lose $19 billion over the next three years. In total, Monash is expected to cut 754 jobs. Monash University and the University of NSW (UNSW) have announced they will axe hundreds of jobs as the financial impact of COVID-19 sets in. Speaking to staff on Monday, Deakin University vice chancellor Iain Martin said the university would be spending more than it earns over the next 18 to 36 months, and a drop in revenue of $250 million to $300 million was expected for the year.
Receive World University Rankings news first; Get job alerts, shortlist jobs and save job searches; The drop in international students has seen revenue plummet across the university sector. Dr Barnes said it was not too late for the Morrison government to use some of that $60 billion to save higher education jobs. The staff at Uni’s has already been impacted. The framework restricts us from taking that view.”.
The staff at Uni’s has already been impacted.
Recession 2020: What will happen to the cost of living? The university is preparing to go into the red in the next three years to find a way out of the financial crisis.
Adam Carey is Education Editor. With an estimated 100,000 causal staff employed in the sector, “there is enormous scope for the real job loss figures to be significantly higher” and climbing still, according to Evans.
Deakin University relies on foreign students for 36.7 per cent of its fee revenue, which is lower than the statewide average among Victorian universities of 46 per cent.
Deakin said it would have a staged approach to staff reductions. While those arrangements are still being finalised, it has indicated 250 or more staff could be departing. Professor Martin said that if Deakin signed up to the framework it would “constrain its ability to decide what is in the best short-, medium-, and longer-term interests of the university”. Follow Yahoo Finance Australia on Facebook, Twitter, Instagram and LinkedIn. Barnes yesterday said it was “greed and fear of scrutiny” among vice-chancellors that combined to derail the agreement. All Rights Reserved.
Professor Martin said the university would navigate its way through the impact of the pandemic by “spending appreciably more than we earn over the next 18 to 36 months” and by reducing expenditure throughout its operations. The open letter, which is posted online and had more than 120 names (including students signing in solidarity) added to it by Friday last week, states the “top-down” nature of Professor Martin’s decision-making process about the job cuts was “both disturbing and insulting”. Enacting the NTEU’s framework would mean “stand-downs, forced leave, forced reduction of hours”, and pay cuts of up to 15 per cent, Martin added. Most universities are ineligible for the Morrison government's JobKeeper package, which was initially costed at $130 billion but was last week scaled back by $60 billion after it emerged the original calculation was an error. While we will do everything possible to minimise staff impacts, we must look at our employment costs as well as continuing to minimise other expenditure to adjust to where we need to be.”. This then is an approximation of how bad staff at universities have been affected already. "Too many vice-chancellors are now baulking at the strong oversight provisions in the jobs framework that guarantee transparency and ensure that any contribution our members make will be dedicated to saving jobs.”, Get the news delivered straight to your inbox, Receive the top stories in our weekly newsletter Sign up now, Tagged with: Deakin University Job cuts NTEU. The wider hit to the Australian economy will be another $20 billion.
... or across-the-board pay cuts of up to 15 per cent.
billion behind the couch on Friday and on Monday more than 300 people are going
“They will continue to be a reality without further government support in particular for research. He added the university would preserve employment “as much as possible”. There have been 66 redundancies made, with many taking place at the University’s English language centre for obvious reasons.
UNE has confirmed 200 positions will go under its cost-cutting plan that would seek to save $20 million a year.
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