Financial Restructuring
In autumn 2011 Vice-Chancellor Barnett announced a programme of financial restructuring with the aim of reducing the number of staff employed by the University from 3,150 to 3,000. Staff at the University expressed concern about the proposed means and impact of the restructuring, citing "the use of the threat of compulsory redundancy to bully and intimidate staff" and the belief that the University was "abdicating its responsibilities to the wider community that funds it". In April 2012, the UU branch of the University and College Union (UCU) declared a formal dispute with university management over its implementation of the restructuring, stating that the recourse to "premature deadlines and unwarranted threats of compulsory redundancy" was "unreasonable as well as contrary to University policy and corporate goals".
Read more about this topic: University Of Ulster
Famous quotes containing the word financial:
“In full view of his television audience, he preached a new religion—or a new form of Christianity—based on faith in financial miracles and in a Heaven here on earth with a water slide and luxury hotels. It was a religion of celebrity and showmanship and fun, which made a mockery of all puritanical standards and all canons of good taste. Its standard was excess, and its doctrines were tolerance and freedom from accountability.”
—New Yorker (April 23, 1990)