Victoria University is facing financial challenges and has announced plans to cut up to 260 positions, including academic and general staff, due to a
Victoria University is facing financial challenges and has announced plans to cut up to 260 positions, including academic and general staff, due to a drop in enrolments. The university has forecasted a deficit of $33 million this year, primarily caused by a 12% decline in enrolment. The institution is taking steps to increase enrolment rates and explore cost-saving measures, while also reviewing the sustainability of academic programs. Union members have expressed opposition to the proposed cuts, emphasizing the potential negative impact on students and remaining staff. The government’s recent budget increase in tertiary subsidies did not influence the university’s plans.
