The Australian National University says COVID-19 will force it to shed hundreds of jobs from its workforce. Estimates put the job losses at 465, including 250 voluntary redundancies.
The Australian National University says COVID-19 will force it to shed hundreds of jobs from its workforce. Estimates put the job losses at 465, including 250 voluntary redundancies.A statement from the university said it had determined it would need to retain cash to the equivalent of up to $250 million, or three months' operational expenses, to ensure they had sufficient cash to cover salaries and bills "going into the uncertainties of 2021".
"Our international student numbers are down to below 2017 levels and in our best guess scenario will likely fall further in 2021 , which is a significant strain on our budget," the recovery plan said.$13.5 million it saved from deferring a staff pay rise earlier this yearThe ANU said 250 staff had already expressed interest in a voluntary redundancy and hoped the additional 215 positions to be lost would come about through "voluntary separations".
"We have had 230 staff elect to accept voluntary separations, and are expecting another 20 in the weeks to come," they said.The university's plan to save money, unveiled today, goes beyond cutting jobs, with further measures such as limiting the use of contractors, and investing in Greenhouse Gas emissions, listed.
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