The Cleveland Clinic has told workers they will be laying
off an unspecified number of employees as part of an overall, sweeping
cost-reduction plan. Clinic CEO Dr. Toby Cosgrove discussed the looming cuts
and changes in a Wednesday morning all-employee meeting. Clinic spokeswoman
Eileen Sheil denied circulating rumors that employees were told there would be
3,000 jobs cut. She said any layoffs
will be part of a multi-year plan to cut $330 million from the Clinic's budget.
The Clinic is the region's largest employer with roughly
42,000 workers. Sheil said personnel
represents 60 percent of the Clinic's budget. She said early retirement would
be offered to 3,000 eligible employees. Most vacant jobs are not being filled. She attributed most of the budget reductions
to looming changes accompanying the start of the Affordable Health Care Act…..ToRead More….
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