The Chelmsford Diocesan Synod recently considered plans put forward to “achieve financial resilience”. The papers are published on the diocesan website, and may well be of wider interest as other dioceses consider the same issues.
The overall plan is contained in this document: Towards Financial Resilience.
One aspect of that plan is to accelerate the reduction of stipendiary incumbent posts, so as to achieve in 2021 what was previously the target for 2025, i.e. from 275 (as at 31 March 2020) to 215 in the next 18 months. Surprisingly, 48.5 of these posts are already vacant. The detailed plan is described here: An approach to reducing stipendiary numbers.
To understand the background the Summarised Financial Statements for the year ended 31 December 2019 and the Parish Share and Budget 2021 Proposal may be helpful.