Here are four insights into the layoff plan.
1. The healthcare performance improvement and revenue cycle management company plans to cut the full-time jobs by the end of the year.
2. The layoff will account for 5 percent of the company’s total workforce, according to the report.
3. The job cut is part of a larger cost reduction program, which is expected to save MedAssets $21 million.
4. The company also intends to eliminate a number of open, full-time positions, reduce expenses unrelated to its employees and close an office location, according to the report.
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