Northampton University plan fresh round of job cuts
The University made cuts in July when it revealed an estimated £19.3 million deficit.
Last updated 24th Oct 2024
University of Northampton is planning further job cuts as the institution struggles financially.
They've said they've begun a consultation with staff on voluntary redundancies, opening for a second round after recent July.
The University revealed this summer it has a predicted deficit of £19.3 million.
They say the scheme of voluntary redundancy will, if it goes ahead, offer more favourable financial terms for those employees that wish to take advantage of it, than alternative programmes such as compulsory redundancy.
A University of Northampton Spokesperson said:
“There are pressing challenges faced by UK universities including the University of Northampton. Economic, market, and policy factors, such as frozen tuition fees, rising operational and energy costs, and recruitment issues across the sector, have threatened higher education’s financial stability in 2024 and beyond.
“UON must do what it can to secure its future in these difficult times and that is why these proposals have been put forward. The decision to begin this process of consultation has not been reached lightly, and we appreciate that it is not an easy choice for those colleagues who may opt to take the enhanced voluntary severance package we will offer.
“We will continue to do all we can to support staff through the process and ensure that there is minimum disruption to our students.”
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