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Exeter University to cut more than 200 jobs | |
(about 3 hours later) | |
More than 200 jobs are to be cut at Exeter University, the BBC has learned. | |
The university, which announced a review of posts last year, said the "vast majority" would be lost through voluntary redundancies offered to all staff, both academic and support. | |
It said the £25m saved would go on employing more academic staff and attracting more international students. | It said the £25m saved would go on employing more academic staff and attracting more international students. |
The University and College Union (UCU) said the planned redundancies were "causing anxiety and uncertainty". | The University and College Union (UCU) said the planned redundancies were "causing anxiety and uncertainty". |
The university has 4,364 employees, about 2,500 of which are support staff employed in administration, clerical, maintenance and catering roles. | |
Vice-Chancellor Prof Sir Steve Smith said: "This is all about consolidating Exeter's position as a top 10 UK university but increasingly moving to becoming one of the absolutely leading global players. | |
"We have to bring in staff to help us get there and that costs money." | "We have to bring in staff to help us get there and that costs money." |
Simon Hall, BBC SW Home Affairs Correspondent | Simon Hall, BBC SW Home Affairs Correspondent |
Exeter has fought hard over the past decade to become one of the UK's top universities. | Exeter has fought hard over the past decade to become one of the UK's top universities. |
Competition for students and the funding they bring, is growing ever more intense. | Competition for students and the funding they bring, is growing ever more intense. |
These changes represent a major restructuring and will be painful but they demonstrate the determination at Exeter to retain its leading position. | These changes represent a major restructuring and will be painful but they demonstrate the determination at Exeter to retain its leading position. |
Exeter University has debts of more than £200m said Mr Smith, about two thirds of its annual budget. | Exeter University has debts of more than £200m said Mr Smith, about two thirds of its annual budget. |
But he insisted the university had "no financial problems" and was "moving resources around to invest in the future". | |
The university said it had "offered the opportunity to all staff to apply for a generous voluntary severance scheme". | |
It said: "This scheme is 100% voluntary and designed to allow some of our employees to pursue other interests outside the university." | |
Jonathan Barry, vice president of Exeter UCU, said. "We're worried for the ordinary staff and how the university is going to come out of this." | Jonathan Barry, vice president of Exeter UCU, said. "We're worried for the ordinary staff and how the university is going to come out of this." |
In May 2012, the Queen visited the university to formally open the Forum building, part of a £350m development programme. | In May 2012, the Queen visited the university to formally open the Forum building, part of a £350m development programme. |
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