Staff from the University of Otago asked to consider voluntary redundancies have responded by marching in protest.
Hundreds of educators took part in the stop-work meeting, demanding the University drops the proposed cuts.
On Tuesday staff and students marched together, demanding the University rule out job losses. Union members used a stop-work meeting to surround the Vice-Chancellor's office.
Last month the university announced a rapid decline in student enrolments meant they desperately needed to save $60 million.
"There's a hole in the budget, that's the long and the short of it and one way to fill the hole is to cut staff," said Associate Professor Craig Marshall.
The proposal is for several hundred jobs to be cut and opened up for voluntary redundancies.
"New Zealand needs trained, qualified, educated graduates and this is the place where they come from so we don't want to see cuts, it's not a good look," said Tertiary Education Union (TEU) national president Julie Douglas.
The University told Newshub it met with union reps but couldn't say if it would consider scrapping the job cuts.
"Despite the fact we're in a state of despair here, this is encouraging and this represents a fight back and I'm here for it," said TEU branch co-president Brandon Johnstone.
The offer of voluntary redundancies ends in June.