It is not known how much money the planned restructure to the Union of UEA Students (UUEAS) will save, it has emerged.
Following the loss of around half a million pounds in the last few years, the UUEAS has embarked on a restructure that will see many redundancies as both the Bars & Ents teams are altered. It will take six months to recoup the money spent on redundancies, according to the Union Academic Officer, Louise Withers-Green.
Multiple reports conducted last year into the running of the UUEAS pointed to the need for reform. Both reports into the Waterfront and campus services warned that the consequences of pursing the same outdated business model would become more dangerous in the future. Despite this the reports did not specify the amount of potential savings from measures to reform the operation of the Union.
Finance officer, Joe Levell, said: “the restructure will not solve the problem on its own, but it will reduce spend on fixed costs and enable us to better manage the commercial areas”.
The restructure forms part of the UUEAS broader financial strategy. The Union is also working to improve the comparatively small block grant it receives from the university by arguing for improved services, representation and activities for students. Efforts are further being made to change suppliers, systems and structures as well as managing performance and expenditure better.