Lincoln University has confirmed that 48 positions will be cut in a bid to reduce its operating costs, with 63 staff taking voluntary redundancy or early retirement.
The university had earlier announced it was cutting costs partly in response to the impact of the Canterbury earthquakes because it had spent most of its reserves on temporary accommodation.
Vice-chancellor Andrew West said the departures have saved $3.9 million in costs.
Dr West said the process has not been pleasant but that 89 percent of the changes were voluntary.
Currently, 22 positions needed to be filled, while up to 12 would be disestablished.