The job cuts will occur in two phases. The first group of employees received their notices Friday, and the next wave of layoffs will occur after Jan. 1. Cuts will affect all departments and all eight of Orlando Health’s hospitals.
The non-profit system said it will also reduce staffing through attrition, the elimination of unsustainable programs and delayed capital spending, according to the report.
The system will still move forward with its $300 million expansion and renovation of Orlando Regional Medical Center, which is already in progress, and its $50 million acquisition of Physician Associates, a primary care practice. That purchase is set to be complete Dec. 31.
The layoffs represent the largest workforce reduction in Orlando Health’s nearly 100-year history, according to the report.
More Articles on Hospital Layoffs:
PPACA Could Directly Eliminate 400K Hospital Jobs in 2013, Average Hospital Would Shed Over 100 Positions
Lawrence & Memorial Hospital Lays Off 22 Employees
Wake Forest Baptist Medical Center to Cut 950 Jobs
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.