Melbourne Uni cuts 179 staff as it bleeds cash for fifth year in a row

🇦🇺 The Sydney Morning Herald (AU) —
Melbourne Uni cuts 179 staff as it bleeds cash for fifth year in a row

AI Summary

The University of Melbourne is cutting 179 staff as it records a fifth consecutive year of financial losses. The article attributes pressure on its finances to declining international student numbers across Australia.

The drop in international student numbers across Australia has hit Melbourne University’s bottom line.

World Markets Deals University of Melbourne staff cuts financial losses international students higher education Australia

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