Officials from Salinas (Calif.) Memorial Hospital have presented plans to lay off 200 full-time and part-time employees by June 15, according to a Monterey Herald report.
A hospital spokesperson said the layoffs are part of a hospital-wide restructuring effort, but no more major layoffs are expected for the remainder of 2011. The cutbacks are expected to save the hospital approximately $7 million to $8 million per year.
When the cuts are complete, the hospital will have approximately 1,620 employees compared to the 2,200 employees it had at the beginning of 2010. Salinas CEO Sam Downing said the hospital has saved more than $25 million through layoffs, buyouts, renegotiated contracts and other measures.
Read the Monterey Herald report on Salinas Memorial Hospital.
Read more about hospital employment:
– Michigan’s Eight Largest Hospital Systems Plan to Hire 14,000
– 4 Tips to Ease the Sting of Hospital Layoffs
– 10 Hospitals and Health Systems That Recently Announced Layoffs
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.
