QUT savings plan now in place

Management has finalised the restructure plan, sent to staff for consultation in October  

To which staff responded in numbers, university management says there were 1350 written submissions.

Overall the plan is much the same as first proposed, with schools and one faculty reorganised into five faculties (CMM August 21). The 174 redundancies proposed in October is down to 159 and new positions are up two, to 99.

With staff-agreed savings already in place and another $36m from this proposal,  Vice Chancellor Margaret Sheil says QUT “is in a sound financial position” for 2021.

This is a good result for the university and continuing staff – which will be no comfort to casuals who have lost work and fixed term staff who will not have contracts renewed.