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Edinburgh University Cuts 350 Jobs as Financial Crisis Intensifies

The university's voluntary severance scheme delivers £18 million in annual savings, with further cost-cutting measures and potential strike action on the horizon.

Sir Peter Mathieson, Edinburgh University’s principal, announced the number of staff taking voluntary redundancies

Overview

  • Edinburgh University has completed a voluntary severance scheme, with around 350 staff departing to address a £140 million budget deficit.
  • The severance program is expected to save the university approximately £18 million annually, but additional cost reductions are still being evaluated.
  • Further measures under consideration include hiring freezes, a pause on academic promotions, and broader operational cost reviews.
  • Both the University and College Union (UCU) and Unison are balloting members for potential strike action in response to the financial measures.
  • A government-backed task force has convened to explore future funding frameworks and provide coordinated support for Scotland's higher education sector.