Business school might be about to lose 10 jobs

Almost 10 jobs are likely to be axed when two departments at the University of Otago's School of Business are merged, a draft merger proposal says.

Most of those to go would be lecturers, the proposal, leaked to the Otago Daily Times yesterday said.

The university plans to merge the accountancy and business law department and the finance and quantitative analysis department into a single entity. Some papers would be discontinued and business law courses would be taught by law faculty staff.

Together, the departments employ 29 academic staff and 5.8 full-time equivalent (FTE) administrative staff, but the proposal is for a new structure comprising 21 academic staff and four general staff, an overall reduction of 9.8 FTE positions.

All jobs would be disestablished, then staff would be invited to apply for the new positions.

The merger was announced by School of Business dean Prof George Benwell in May to address his "enduring concern" about the department's poor performance-based research fund ratings.

Applicants' research records will be the main criteria for selection for new academic positions, the proposal document shows.

A two-week consultation period on the proposal closed yesterday, with the final proposal due in a fortnight. A new structure will be in place by the beginning of the 2011 academic year.

A School of Business staff member, who would not be named, yesterday said the mood among staff was "pretty negative", especially for lecturers who believed they were most at risk of missing out on positions in the merged department.

People working there were concerned about their own futures and concerned about colleagues who might lose their jobs, the staff member said.

Some were angry about the emphasis on research in the selection criteria for new positions and believed the research and publication requirements were tougher than those in their existing job descriptions and employment contracts, the staff member said.

Like other tertiary institutions, Otago is trying to cut costs and streamline operations because of increasing cost pressures and a signalled reduction in Government funding from next year.

Makes me sad

Kind of sad to see the biggest employer in the Otago / Dunedin area slashing jobs left and right. Makes me wonder if the city has any chances or even hope od growing in both the short and long term.

How can a city like Dunedin grow when it is really shrinking from an economic/employment standpoint?
Seems to me a talented individual with skills takes a huge risk when moving to a one horse town like Dunedin where there is only one place that can employ them. In the event that the employer wants to part ways, there is only one choice, which is to leave the place with a bad memory.
Maybe loosing your job is not such a bad thing in Dunedin?

Those people will learn a valuable lesson, which is, to move to a city that is growing rather than shrinking. Maybe they will move to a city overseas where their job outlook opportunity is better. Maybe they will go on to move to a city that offers more yearly Vitamin D via the sun. What do you think? Am I being too harsh on Dunedin? Is the school making a bad decision?