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.
More top news
Paralympic champion and founder of SMILE Through Sport Stephen Miller is coming to Gateshead for a sport festival.
Peterborough United have confirmed signing former Newcastle United defender Steven Taylor on a two-year contract.
Newcastle International Airport is officially the best in Britain, according to passengers.