Unless its your course being shut down you have nothing to be worried about. If your course is being shut down, id say get in contact and find out the plans for the year. Might be worth looking at either alternate courses or alternate unis. But there is money at the uni, despite what you'd think. Recently its been anounced that a million pounds will be invested into the allerton library. There are two libraries at salford, and allerton is the small one uses by a smaller number of students, yet they can afford to invest heavily in it.
That said, my housemate has seen his lectures either quit/become sacked left, right and centre this year. Think hes in a course thats about to close down. But mine and everyone elses in the house are completely fine.
id say dont panic, get all the information first before you make a decision.