David Storto, president of Spaulding and Partners Continuing Care, attributed the layoffs to a cost-cutting initiative.
“The external environment for healthcare providers and Partners in particular has never been more challenging, and the need to reduce our costs has never been more compelling,” he said in a statement provided to The Boston Globe.
The layoffs are expected to save Spaulding $4.3 million and affect management positions. Some managers have already offered to voluntarily leave their positions, Mr. Storto said.
The news comes after Partners announced Partners 2.0, a multiyear cost-cutting initiative. Spaulding executives said more job cuts could follow as the network eyes further cost reductions, according to the report.
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