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The university last week told staff it was seeking to make savings in staff salaries in the face of the drop in international enrolments, rising salary costs and a significant capital expenditure programme that had to be completed.
A university spokeswoman said expressions of interest in the voluntary redundancy scheme opened yesterday morning and will close on November 15.
The university would not comment on the number of people who had applied for voluntary redundancy until the process had concluded, she said.
The university previously said it did not have a specific target number of jobs it sought to reduce. Rather, it needed to make salary savings and achieving that depended on the number of expressions of interest received, the positions occupied by staff who expressed interest and the salary savings able to be realised.
If there were not enough volunteers, other strategies would be considered, including trimming budgets for the next financial year and possible restructuring.