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TexasTowelie

(112,204 posts)
Thu Jan 5, 2017, 10:37 PM Jan 2017

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

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MD Anderson cutting staff by 1,000 workers via layoff, retirement; no doctors affected (Original Post) TexasTowelie Jan 2017 OP
Sire would be nice to see their financial. With 20,000 employees, I'm sure there are napi21 Jan 2017 #1

napi21

(45,806 posts)
1. Sire would be nice to see their financial. With 20,000 employees, I'm sure there are
Thu Jan 5, 2017, 10:57 PM
Jan 2017

some positions that can be eliminated without harming the business or the remaining employees. However somebody has to review those financials to see where all the big $$ are going. The easiest answer to a company losing money is to CUT! But of course you can't cut Execs, or any higher-ups in the company. Surely THEY are indispensable! I've been through this kind of thing with a number of different companies. Somebody needs to take a completely unbiased assessment of who and what is draining the big bucks and why. Sometimes everyone is quite surprised at what they find.

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