How can we adapt to enjoy work and life despite the financial crisis facing UK universities?
Hi fellow academics,
As we navigate the full-blown financial crisis as universities in the UK, I want to learn from you and find the best course of action for us as individual academics.
My story is simple: our university needs to cut costs by 20%, promptly, (too few international students Geometry Vibes), and we have received an email from our management inviting all staff to an "extraordinary meeting" later this week.
Over the past year, to adapt to the smaller budget deficit, our management encouraged nearly everyone 60+ to retire. Now, it seems highly likely that layoffs may begin.
I wonder: how is your management adapting? What are their actions? And what is your personal action plan? Are you considering a career switch? Looking to move? Something else? Or simply waiting and hoping that things will improve somehow?
