The college has issued a press release.
Ulster College is slicing jobs to economize (Picture: Ulster College)
Workers at Ulster College have been informed that as many as 450 positions are underneath risk because the establishment seeks to make financial savings of £25m.
The announcement comes because the college’s most up-to-date monetary accounts reveal it’s operating a deficit of £20.2m, regardless of recording an earnings of greater than £300m.
Workers had been notified of the potential redundancies throughout a gathering with Vice-Chancellor, Prof Paul Bartholemew, on Wednesday.
It’s understood that the college is looking for to cut back its workforce by voluntary redundancies, although workers had been warned that obligatory redundancies couldn’t be dominated out.
The college operates campuses in Belfast, Coleraine, and Derry, alongside a sports activities village on the former Jordanstown website and department campuses in London, Birmingham and Manchester. It additionally runs a global campus in Qatar.
Taking to social media, Folks Earlier than Revenue MLA Gerry Carroll mentioned: “It is a short-sighted and disgraceful choice. Ulster College ought to rethink this.”
An Ulster College spokesperson mentioned: “Redundancies throughout the Greater Schooling Sector have grow to be unavoidable. So far, greater than 100 establishments throughout the UK have downsized their staffing complement.
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“Ulster College has sought to carry off on making redundancies whereas persevering with to work with the Division for the Financial system, by their critiques, on potential modifications to the HE funding mannequin in Northern Eire.
“It has lately been made clear to us {that a} sustainable funding mannequin just isn’t going to be forthcoming, and regretfully, we should now act to cut back our prices.”
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