UTS fears up to 500 jobs could go as losses pass $200m

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With losses set to pass $200m, UTS fears up to 500 jobs could go | JordsBaker

The University of Technology Sydney fears up to 500 jobs may have to be shed next year amid financial losses of $200 million if Australia remains unable to open a so-called safe corridor for international students.

"With casuals it’s even harder to estimate, they don’t announce anything, they let them go,” NTEU's national president Alison Barnes said.In a letter to staff last week, UTS vice-chancellor Attila Brungs reaffirmed the university would lose up to $60 million this year and had seen an impact on jobs due to reduced teaching load.

After announcing almost 500 job losses, UNSW has begun the redundancy process. In an email to staff in mid-July, Sydney University vice-chancellor Michael Spence said he would give staff an update on what financial conditions mean for the university as soon as he could.

 

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JordsBaker Rather have job losses than thousands of students bringing in from overseas death & destruction to Australia's population.

JordsBaker a pilot of the secure corridor for international students to return to Australia raises the likelihood our intake ' what is the point when uni classes are done online It can be done while students are in China for 1st year

JordsBaker mismanagement by experts with PhD’s common sense . . . not selling degrees to foreign students . . comes back and bites woke elites

JordsBaker Good

JordsBaker Hopefully they won't waste money putting a faux facade over the building now.

JordsBaker Great news for housing/rental affordability in Sydney with tens of thousands of foreign students not bidding it up.

JordsBaker So? Why single them out? How’s that any different to what’s happening in the general economy? Many, many people are facing such hardships. COVID19Aus auspol

JordsBaker But the Vice Chancellors will still get the $1 million plus pay packets

JordsBaker Sad news

JordsBaker Is that a threat? Make do with what you have ffs.

JordsBaker The whole China thing is soooo coming back to bite these fools. What does the Vice Chancellor get paid?

JordsBaker Time to do what every other business has done during COVID, have a sale?!

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