Dundee University recently shocked the academic world after it unveiled ‘a significant downsizing of core funded staff’.
A new financial recovery plan has proposed a reduction in staffing of 632 full-time equivalent posts. Every school and directorate at the university will be affected.
With a £35m deficit forecast for 2024-25 the university is planning assets disposals, including property, intellectual property assets and share disposals.
Professor Shane O’Neill, interim principal and vice-chairman, said: “Savings in capital and operational expenditure have already delivered more than £17m of savings this year. In setting out our proposals towards a financial recovery and a sustainable future we have adopted an approach of frank realism and honest self-criticism in our assessment of the current situation and the challenges faced.”
