Deadline extended for University of Aberdeen redundancy scheme
A university spokesperson said it was "cautiously optimistic" it had achieved about £4m of savings."Further cost savings and income generation are still needed as our three-year financial plan requires the university to break even by 2028," the spokesperson added.The University of Aberdeen's future was described as being in "significant doubt" in its annual report in May last year.Uncertainties such as rising costs and falling numbers of international students were highlighted.However, the university has stressed that the report was setting out the potential risk if action had not been taken, and that it was now on a firm financial footing.The Scottish government said that, along with Scottish Funding Council, it would continue to engage closely with the sector as universities - including Aberdeen - "develop their plans to address financial sustainability".The University and College Union has described it as an extremely worrying time for staff at the university.
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