Mar 11

2023 Layoffs Show No Sign Of Slowing Into 2024

GPT

Throughout 2023, the healthcare sector witnessed a notable uptick in layoffs, affecting both large and small institutions.
This trend, marking a 99% increase in job cuts compared to the previous year, was propelled by financial challenges lingering from 2022. Many hospitals and health systems have had to reduce their workforce, primarily targeting administrative and managerial positions, while still trying to fill clinical roles amidst ongoing shortages.
The restructuring efforts spanned across a variety of organizations, including major health networks and smaller community hospitals, each aiming to navigate economic pressures while maintaining patient care standards.
For detailed insights and specific examples, you can refer to the full article on Fierce Healthcare's website.
 https://www.fiercehealthcare.com/providers/layoffs-ramping-among-hospitals-and-health-systems-heres-34-examples-2023
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