The number of jobs to be cut at Cardiff University has been reduced to 138 after changes to its cost saving plans and the voluntary departure of dozens of staff.
It follows a previous reduction in the number of proposed job losses last month from 400 to 286.
An agreement with unions earlier this month to ditch strike action included a pledge by the university not to make any compulsory redundancies in 2025.
The University and College Union (UCU) offered a "cautious welcome" to the change, adding "there remain numerous areas of grave concern for our members".
"Our members will be relieved to hear that management now agrees with UCU's long-standing argument that we should aim to restructure the university and make savings over a longer period," a Cardiff UCU spokesperson said.
Final proposals are due to be agreed by the university council on 17 June.
The university previously said it had to take action to address a £30m black hole in its budget with the pressure of increased costs and falling international student numbers affecting the whole higher education sector.