{"id":22669,"date":"2019-02-12T11:00:09","date_gmt":"2019-02-12T11:00:09","guid":{"rendered":"http:\/\/jomec.co.uk\/cjsnews\/?p=22669"},"modified":"2019-02-12T15:50:30","modified_gmt":"2019-02-12T15:50:30","slug":"cardiff-university-to-cut-380-jobs-to-tackle-22-8m-deficit","status":"publish","type":"post","link":"https:\/\/jomec.co.uk\/cjsnews\/cardiff-university-to-cut-380-jobs-to-tackle-22-8m-deficit\/","title":{"rendered":"Cardiff University to cut 380 jobs to tackle \u00a322.8m deficit"},"content":{"rendered":"

Cardiff University announced that it will be cutting 380 members of staff over the next 5 years to tackle its \u00a322.8m deficit.\u00a0<\/strong><\/p>\n

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The plans were unveiled in an email sent to staff last night by the university’s Vice Chancellor, Colin Riordan.<\/p>\n

In the email, seen by CJS News, Professor Riordan said, that he hopes to put the university back into surplus by the 2019\/20 academic year by cutting 380 members of its staff over the next five years.<\/p>\n

“This is manageable when compared to an average annual voluntary staff turnover of more than 6%,” he said.<\/p>\n

“I would like to stress that no compulsory redundancies have been proposed to Council at this stage. However, like all universities, we cannot rule out compulsory redundancies in the future.”<\/p>\n

However, the Cardiff branch of the staff union, UNISON, said in a statement: “We don\u2019t believe the university is giving the trade unions the full story.”<\/a><\/p>\n

The university posted a deficit of \u00a322.8 million last year after seeing spending rise by 5.2%, whilst its income only rose by 2.5%.<\/p>\n

Among the reasons for the cuts, Professor Riordan cites rising staff costs.<\/p>\n

He said, “For 2017\/18, staff costs were 59.6% of total income, which is the highest percentage in the Russell Group.”<\/p>\n

The Russell Group is an influential association of the top 24 universities in the country.<\/p>\n

Cardiff University in numbers:<\/strong><\/p>\n