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230 staff face redundancy at AUT, despite $12 million surplus last year

Author
Newstalk ZB,
Publish Date
Tue, 6 Sep 2022, 7:56AM
Auckland University of Technology. Photo / NZ Herald
Auckland University of Technology. Photo / NZ Herald

230 staff face redundancy at AUT, despite $12 million surplus last year

Author
Newstalk ZB,
Publish Date
Tue, 6 Sep 2022, 7:56AM

Tough times for universities are forcing them to look at their balance sheet.

Around 230 staff face redundancy at AUT, despite the university having a $12 million surplus last year.

Universities New Zealand Executive Director Chris Whelan says inflation has hit the sector hard.

He told Mike Hosking the lack of international students is also causing dramas. 

Whelan says it will take a while to return to pre-pandemic numbers, if we return there at all.

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