The Australian Nationwide College (ANU) says COVID-19 will drive it to shed a whole lot of jobs from its workforce. Estimates put the job losses at 465, together with 250 voluntary redundancies.
The ANU mentioned it was working to save lots of $103 million annually till 2023.
The college mentioned the entire $13.5 million it saved from deferring a workers pay rise had been put towards protecting positions, equating to as much as 90 jobs.
A press release from the college mentioned it had decided it could must retain money to the equal of as much as $250 million, or three months’ operational bills, to make sure they’d ample money to cowl salaries and payments “going into the uncertainties of 2021”.
Extra to return.