1. ITV Report

Cranfield University to axe more than 100 jobs

Cranfield University is to cut more than 100 jobs Credit: PA images.

Cranfield University in Bedfordshire is to axe more than a hundred jobs to ensure it is "fit for the future".

Plans for a "wide-ranging programme to strengthen its resilience" have been announced by the post-graduate institution's Vice-Chancellor and Chief Executive, Sir Peter Gregson.

It will mean around 113 jobs - out of a total of more than 1,600 across the university - will go.

Sir Peter said Cranfield, which specialises in technology and management, needed to cut costs and increase its income by focusing on the university's strengths.

"The world within which we work is changing very rapidly and will continue to evolve. The global economy and higher education funding, the way people learn and conduct research, student and customer expectations, and growing international competition all require us to adapt and innovate.

"In moving forward, we need to continue to strengthen our reputation and resilience. At this point in time, we need to grow our income and cut our costs. Regrettably, this means that some job losses will be necessary. We must focus on those areas of excellence and distinctive strength which will contribute to the future growth and success of the University, enhancing the student experience and meeting the needs of our customers in Government and industry."

– Sir Peter Gregson, Vice-Chancellor, Cranfield University.