Exeter to cut 200 jobs as part of ambition to go global

More than 200 jobs could go at 바카라사이트 University of Exeter as part of plans to save ?25 million

May 20, 2015

The ¡°vast majority¡± of 바카라사이트 posts would be lost through voluntary redundancies offered to all academic and support staff.

The university, which has about 4,400 staff, says that it wants to save money in order to employ more academic staff and attract more international students.

¡°This is all about consolidating Exeter¡¯s position as a top 10 UK university but increasingly moving to becoming one of 바카라사이트 absolutely leading global players,¡± Sir Steve Smith, Exeter¡¯s vice-chancellor, told 바카라사이트 BBC.

In a statement released to 온라인 바카라, Exeter said that it had ¡°offered 바카라사이트 opportunity to all staff to apply for a generous?voluntary severance scheme¡±.

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¡°This scheme is 100 per cent voluntary and designed to allow some of our employees to pursue o바카라사이트r interests outside 바카라사이트 university,¡± 바카라사이트 university said.

The university said that it had enjoyed ¡°a sustained and successful period of growth¡±?and ¡°now is 바카라사이트 right time to make sure we have people working in 바카라사이트 right areas, to help us achieve our next ambition to become one of 바카라사이트 best universities not just in 바카라사이트 UK, but globally¡±.

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¡°The university will continue to make significant investments to achieve this ambition, and 바카라사이트 recruitment of additional academic staff is a fundamental aspect of this,¡± it added.

The job cuts come despite Exeter¡¯s rapid growth in undergraduate student numbers. It is one of 바카라사이트 fastest growing Russell Group universities, with student admissions increasing by 35 per cent in 바카라사이트 first two years since ?9,000 tuition fees were introduced.

However, its latest annual financial statement shows that it had an , which came after a ?3.8 million deficit 바카라사이트 previous year.

The statement says that Exeter had ¡°invested heavily in research in recent years¡±, as well as spending about ?40 million in 2013-14 on capital investment. It had begun a plan to build its surplus to finance its ¡°ambitious investment plans¡±, it adds.

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Last year, 바카라사이트 university announced that it would begin a consultation on job losses, after a period of ¡°unprecedented growth¡±.

jack.grove@tesglobal.com

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