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Employment lawLatest NewsEconomics, government & businessRedundancy

Thames Valley University announces job cuts

by Personnel Today 30 Apr 2010
by Personnel Today 30 Apr 2010

Thames Valley University (TVU) has announced it needs to make a “real and immediate” reduction in staff costs leading to a major programme of job cuts, it has been reported.

The organisation is looking to save £1.3m from the university’s budget, due to the government’s funding cutbacks, according to the Reading Chronicle.

TVU head of communications Nicola Miller said: “A thorough review of costs, courses and portfolios has been carried out and TVU now needs to make a real and immediate reduction in staff costs as a direct result of the funding cuts, in addition to the careful and continuing management of non-staff costs.”

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The redundancies will take effect by the end of July, although it is not clear yet how many there will be. Consultations with unions are ongoing.

Ian Tunbridge, deputy vice-chancellor and acting principal, said: “It is regrettable that we have been forced to look at a redundancy programme at this time due to funding cuts across the further education sector. There is never a good time to make this type of announcement; however, it is crucial that savings are made as quickly as possible to ensure the future sustainability of the college.”

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