25 Mar 2014

Job cuts ahead at Lincoln University

7:33 pm on 25 March 2014

Up to 10 percent of Lincoln University's 650 employees may lose their jobs, as the university seeks to slash its salary budget.

Lincoln University.

Lincoln University. Photo: PHOTO NZ (file)

Staff in all three faculties will be affected and are being told on Tuesday of the proposals.

Vice-chancellor Andrew West said Lincoln plans to reduce expenditure by about $5 million, with $4 million of that in salary savings.

He said half of that figure has already been met by voluntary early retirements and redundancies, but there was still a $2 million gap to bridge.

Dr West said the cost-cutting is partly a response to the impact of the Canterbury earthquakes, as the university has spent most of its reserves on temporary accommodation.