University of Chicago Medical Center Announces 450 Job Cuts

The University of Chicago Medical Center has announced that it is eliminating about 450 positions, or about 5 percent of its workforce, according to a news release from the hospital.

The elimination of the positions continue the hospital's efforts to reorganize and lower costs, which started when the hospital unified its patient care, biomedical research and education, and community health activities into a single structure called Chicago BioMedicine.

Chicago BioMedicine is working to cut $100 million from its annual budget, and the 450 job cuts follow the elimination of 15 senior management positions announced in early January.

Read the news release about the reorganization and Chicago BioMedicine job cuts.

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

 

Featured Whitepapers

Featured Webinars

>