Northumbria University has offered 700 of its staff the chance to apply for voluntary redundancy.
The university has said that it does not expect all 700 to take redundancy but that it is trying to make itself more efficient.
You can watch the lunchtime update from our Education Correspondent Dan Ashby below.
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Kerrie Gosney brings you Sunday night's forecast for the Tyne Tees region
The remains of Hurricane Gonzalo will reach the UK on Monday night, bringing a period of strong winds and heavy rain to the UK.
An unsettled week with showers or rain and some very strong winds. There's a Met Office warning for gales as we head into Tuesday