4 latest healthcare layoffs

The following healthcare layoffs were reported by Becker's Hospital Review since Dec. 16. They are listed below, beginning with the most recent.

1. Theranos lays off 40% of workforce
Palo Alto, Calif.-based blood testing startup Theranos laid off 155 employees. As the company pivots toward commercializing its miniLab testing platform, it is "re-engineering" operations and streamlining the organization, it said in a news release.

2. CHI St. Alexius cuts workforce by 2.7% amid rising costs
CHI St. Alexius Health in Bismarck, N.D., laid off 52 employees, or 2.7 percent of its total workforce, reports The Bismarck Tribune. The hospital attributed the layoffs to rising costs.

3. MD Anderson to cut about 1,000 jobs
The University of Texas MD Anderson Cancer Center in Houston plans to eliminate about 1,000 jobs, or 5 percent of its 20,000-person workforce, as it tries to improve its financial health. At a press conference, MD Anderson officials said between 800 and 900 workers will be laid off, and an additional 100 to 200 jobs will be cut through retirement and attrition, according to the Houston Business Journal. The job cuts will not affect any physicians.

4. Florida Hospital Medical Group to lay off 67 workers as it outsources billing
Florida Hospital Medical Group, which is affiliated with Orlando-based Florida Hospital and is a subsidiary of Altamonte Springs, Fla.-based Adventist Health System, plans to lay off 67 employees in 2017, according to WMFE news. The layoffs represent about 3 percent of the multispecialty medical group's 2,000 employees.

 

More articles on leadership and management:

The thing about organizational culture most people get wrong
AMGA selects 3 new board members
CHI St. Alexius cuts workforce by 2.7% amid rising costs

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars