Mass General Brigham layoffs the largest in its history

This story initially appeared in STAT’s sister publication, The Boston Globe.

Mass Common Brigham stated Monday it would let go of tons of of staff within the subsequent two months, the biggest layoff within the group’s historical past, because the well being system grapples with anticipated monetary shortfalls and ongoing operational challenges at its 12 hospitals.

With roughly 82,000 staff, MGB is definitely the state’s largest non-public employer. Executives declined to say how many individuals can be let go, however stated the goal is to avoid wasting at the least $200 million yearly, or roughly 2% of its wage and advantages prices. The cuts, which is able to happen this week after which once more in a second spherical in March, would seemingly have rolled out extra slowly over the course of years because the well being system extra carefully integrates its hospitals, executives stated, however have been sped up due to monetary pressures.