Chris Whelan: Universities NZ Director on AUT's job cuts despite $12 million surplus

from Best of Business · host Newstalk ZB

Tough times for universities are forcing them to look at their balance sheet. Around 230 staff face redundancy at AUT, despite the university having a $12 million surplus last year. Universities New Zealand Executive Director Chris Whelan says inflation has hit the sector hard. He told Mike Hosking the lack of international students is also causing dramas. Whelan says it will take a while to return to pre-pandemic numbers, if we return there at all. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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This episode was published on September 5, 2022.

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