Date : 31 August 2021
Location : Australia

Iain Martin, the vice-chancellor at Deakin University, has announced a requirement to lower staff. They need to cut 180 to 220 jobs as the higher education sector in Victoria is still struggling with the effects of the Pandemic. This is not the first round where the jobs have been cut off; it is within the latest round.

The vice-chancellor briefed the staff about the financial picture at Deakin and showed them the deterioration. He also told them that the Pandemic is not alone the reason for the decision. The university campuses at Burwood, Warrnambool and Geelong were already facing a slow rate with their cost growth even before the Pandemic. He also showed the slides related to the same to the staff in the meeting.

The staffs were shown that the income at Deakin would shrink by $220 million in the coming year, and the costs of staff have been rising by 75% since 2012. This has outpaced the revenue growth. The staffs were told that in the coming years, Deakin would be facing tougher economic situations. The fourth-largest university in Victoria proposed to cut off the academic professional, and around 300 jobs were lost last year

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