A North Wales university has started a consultation over plans to cut its budget by around £13m in a move that puts up to 200 jobs at risk.
Bangor University has started a consultation with staff and unions over the proposals.
The Covid-19 pandemic has meant a fall in international student recruitment for 2020/21 - leaving a black hole in their finances.
Arfon AM Sian Gwenllian said all possible steps must be taken to protect jobs.
A spokesperson for Bangor University said: "Bangor University has worked proactively throughout the last few months, to maintain student experience and minimise the impact of Covid 19 on our operations.
"However, despite this, a shortfall in income mainly related to international student recruitment, is anticipated in 2020/21 which requires us to look for savings.
"Therefore the University has started a period of consultation on how these savings might best be achieved.
"Students are at the heart of the University and our priority in any changes will be to ensure that their experience is not only protected but also enhanced.
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"Whilst this is a period of significant challenge it also provides an opportunity to innovate and emerge from Covid 19 stronger and as a leading force in higher education and the economy of North Wales and beyond.”
Arfon AM Sian Gwenllian said: "This is a huge blow to the area and anxious times lie ahead for staff and their families. I hope the University can take advantage of the Covid support schemes that are available and that as many jobs as possible can be protected.
"Bangor University is a large important employer and is vital in improving the local economy through research and providing vital skills for the workforce needed for the future. All possible steps must be taken to protect the jobs."