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Aalto confirms job cuts

Aalto University in Helsinki has completed staff negotiations that will see 190 employees lose their jobs, it has announced.

In a statement on 18 January, it said that a further 130 jobs would be cut by the end of 2018 through the end of fixed-term contracts and scheduled retirements. The original estimate was for up to 350 people to be made redundant.

The redundancy negotiations were part of an exercise to ensure that research and innovation activities can be safeguarded in the long-term, the institution said, as public cuts to research and education are expected to reduce Aalto’s budget by €66 million by the end of 2018. The university is aiming save €17m per year through reduced personnel costs.

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