Staff at the Victoria University of Wellington (VUW) have been told to brace for job cuts as the University strives to cut costs even further.
An email to staff from vice-chancellor Nic Smith, seen by the Herald, said VUW is forecasting a deficit of $33 million this year and as a result, costs must be cut.
“Staff have already done a significant amount to reduce spending, taking into account the need to ensure the best possible experience for our students - unfortunately, we need to do more,” Smith said.
Smith said the cost-cutting measures being discussed will result in redundancies among professional and academic staff, and there will also likely be programme closures.
“This is a difficult time for everyone in our community - returning to financial sustainability is a huge task.”
Smith said the University is still working through options, and the proposal will be ready for consultation in late June.
The vice-chancellor told a staff forum this morning that a consultation process will soon begin which estimates 100 academic jobs and up to 150 professional staff could be cut.
The University has around 2,330 full-time equivalent staff and more than 1,100 of those are involved in teaching and research over nine faculties - eight of which conduct teaching and research.
It comes after student enrolment at the University has dwindled in recent years, with fewer students this year than in the previous three.
This year, VUW has 14,700 full-time students down from 17,000 last year. In 2020, there were 16,000.
NZME has approached VUW for further comment
More to come
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