RGU said a downturn in the regional economy due to the falling oil price had affected the university’s income.
It also reported a reduction in demand for courses from students from oil-producing countries.
RGU said the aim was for the savings to be made through a voluntary redundancy scheme.
Prof Ferdinand von Prondzynski, principal of the university, said: “RGU will embark on a period of re-profiling its workforce to address the financial challenges and our strategic needs, allowing us to pursue ambitious targets for the successful, sustainable development of the university.
“We will continue to make a leading contribution to economic growth here and across Scotland, widening access to higher education, and the availability of high value knowledge and skills for the economy and society.”
An additional £2m of savings are to be made via operational costs.
A Freelance Journalist, Entrepreneur and Philanthropist. Editor-in-Chief of www.233times.com. A contributory writer for Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. He holds first degree in Bachelor of Arts from the University of Ghana; Political Science (major) and History (minor). He has also pursued MSc Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) at the Robert Gordon University in the United Kingdom. His mentors are Rupert Murdoch, Warren Buffet, Sam Jonah, Kwaku Sakyi Addo and Piers Morganview all posts by: Nana Kwesi Coomson
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