Mass General Brigham is initiating extensive layoffs, targeting hundreds of management and administrative positions, to address a significant $250 million budget shortfall over the next two years. The decision follows a restructuring process that began in February and aims to enhance efficiency and reduce costs while maximizing support for frontline clinicians. Despite past efforts in responsible resource stewardship, the current healthcare landscape and financial challenges led to this difficult decision, as stated by MGB's leadership.
The decision to cut positions was made after closely examining our financial performance and the healthcare landscape, signaling a significant shift in MGB's operational strategy.
We are consolidating management and administrative roles to enhance efficiency and reduce costs, which is critical for supporting frontline healthcare providers amid financial challenges.
#mass-general-brigham #corporate-restructuring #layoffs #healthcare-budget #administrative-efficiency
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