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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Predominantly dry over the coming few days with variable cloud & some sunshine. Cool start but daytime temperatures should recover a little
War veterans taking part in the walk of Britain got a singing send-off from school pupils in Northumberland.
A cast of the skull of St Bede - the English scholar who is considered to be the founder of English history - will go on display in Jarrow.