Cuts start to bite across the country

“The University of Bristol has warned that it may have to make staff redundant despite making a £6.1 million surplus in the past financial year. In a letter to staff this month, Eric Thomas, the vice-chancellor, says the surplus, which represents less than 2 per cent of turnover, ‘could easily be eroded’ and was £10 million short of the university’s surplus target for next year. At the same time, annual increases in the university’s income ‘will rise by much less than the 10 per cent we are used to,’ he writes. As well as setting up early retirement and voluntary redundancy schemes, the university will help staff move to part-time employment, reduce their hours or take career breaks. Numbers of academic programmes on offer may be ‘rationalised’ and a review of administrative processes is under way …” (more)

[Times Higher Education, 26 February]

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