MD Anderson cutting staff by 1,000 workers via layoff, retirement; no doctors affected
MD Anderson Cancer Center will cut its payroll by about 1,000 people, including 800 to 900 layoffs, the institution's leaders announced Thursday.
No doctors or clinical-care nurses will lose their jobs, as MD Anderson reduces costs to try to stem operating losses. The layoffs will save the cancer hospital about $120 million.
The reduction, nearly 5 percent of MD Anderson's 20,000-employee work force, had been feared at the acclaimed cancer center since late last month when officials confirmed operating losses of more than $50 million in both September and October. A cost-containment plan had been implemented then that stopped short of layoffs, but officials warned that staff cuts were under consideration.
"I want to inform you of a decision that will impact our MD Anderson family, an action we've all been working tirelessly to avoid," Dr. Ron DePinho, president of MD Anderson, said in a video to employees Thursday morning. "Despite great effort from our entire MD Anderson community, it has become clear that we must act now to protect our ability to continue investing in our mission to end cancer."
Read more: http://www.chron.com/news/houston-texas/article/MD-Anderson-set-to-announce-layoffs-today-10837056.php