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The University of the South Pacific (USP)Vice-Chancellor Professor Pal Ahluwalia has today cleared the air on the reorganisation of the University.
Professor Ahluwalia stresses there are no job losses at the institution and the reorganisation will allow USP to retain jobs in this very difficult circumstance.
Apart from COVID-19, there are other factors that have led to the reorganisation of USP.
“This reorganisation has been necessitated by some factors principally around the timing of grants but also that’s to our operating grants and the COVID 19 and so while we can survive for a while what we do need is to think about the sustainability of this great regional institution we want to make sure this becomes one of the greatest university in the world”
However, with talks of a reorganisation, Pal has assured there will be no job losses or pay cuts for their staff apart from their Executive Management who had already taken a five percent pay cut.
Executive Director Finance Kolinio Bolia says USP is targeting $15m(US$7.5 million in savings to be able to sustain the institution going forward.
“Finally the university is basically absorbing this through other forms of savings internally but we were not able to sustain this annually for every year going forward that’s why the reorganisation is necessary at this point in time”
The USP Vice Chancellor hopes to put a proposal of the restructure of University before the Council by November.
SOURCE: FBC NEWS/PACNEWS
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