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University of Suffolk announces 35 jobs could be cut in bid to save millions of pounds

University of Suffolk announces 35 jobs could be cut in bid to save millions of pounds

ITV News2 days ago

The University of Suffolk has announced it could cut more than two dozen jobs in a bid to cut costs amid "considerable financial pressure."
The University said it is considering cutting 35 jobs as it needs to take "immediate action" to save £3.5 million.
It has four campuses based in Ipswich, Bury St Edmunds, Lowestoft and Great Yarmouth in Norfolk.
In a statement a spokesperson said, 'Like most universities, the University of Suffolk is under considerable financial pressure due to the real-terms fall in the value of the UK student tuition fee, the tightening of overseas visa rules, and rising costs, including the recent National Insurance increase.
'We also face an increasingly competitive student recruitment environment. While we have an ongoing programme to maximise efficiency savings and digital transformation, we still need to take immediate action to reduce our costs by £3.5 million.
'The University is proposing to make structural and workforce changes both to reduce costs and to create a scalable and sustainable organisation that can thrive for the future."
The proposals will see the loss of around 35 occupied posts, while a number of vacant positions will not be replaced.
A consultation process will run until late June.
It is the latest in a series of cutbacks in higher education and comes six months after the University of Essex announced it would cut 200 jobs after a budget shortfall of £29 million.
Meanwhile the University of East Anglia said in November 2024 it was looking to lose 170 positions in an attempt to save £11 million.

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