UK Universities Plan Job Cuts Amid Financial Crisis
UK Universities Plan Job Cuts Amid Financial Crisis

UK Universities Plan Job Cuts Amid Financial Crisis

News summary

Several UK universities are facing significant financial challenges, leading to proposed job cuts and restructuring. Durham University plans to reduce costs by £20 million, risking around 200 non-academic jobs this year, with a similar reduction planned for next year. Meanwhile, Cardiff University has proposed to cut 400 jobs, approximately 7% of its workforce, and may eliminate several degree programs due to a projected £28 million deficit. The University of East Anglia aims to find £11 million in savings, targeting 163 jobs, while emphasizing that compulsory redundancies will be a last resort. The University of Kent is also initiating a voluntary severance scheme to help with necessary cost savings. These measures reflect the broader financial pressures faced by higher education institutions in the UK, exacerbated by inflation and changes in international student recruitment.

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