MUN Denies Job Cuts Amid Asset Divestment Concerns
Memorial University of Newfoundland (MUN) has reaffirmed its position regarding job security amid plans for real estate divestment. The university insists that no immediate job cuts will occur as it proceeds with the sale of several properties.
MUN’s Real Estate Divestment Plans
Recently, MUN announced its decision to divest from four properties, which include:
- Signal Hill campus
- GEO Centre
- Harlow campus in the U.K.
- Printing services building
Response to Layoff Concerns
This move comes in response to allegations by Bill Kavanagh, who suggested that MUN’s public assurances of no layoffs contradict behind-the-scenes confirmations of job reductions. In light of these concerns, the university clarified its stance.
MUN stated that no positions have been eliminated as part of the transition. The university emphasized, “It is inaccurate to suggest that job losses are planned for any particular employee group as a result of this decision.”
Future Job Security Measures
Looking ahead, MUN has committed to working with any employees affected by potential future job changes. The university will explore options for redeployment within its workforce or in accordance with the terms of their collective agreement.
As MUN navigates its divestment strategy, it remains focused on maintaining transparency and supporting its employees. The university aims to ensure a smooth transition as it decommissions these properties while safeguarding jobs.
