The University of Texas Southwestern Medical Center in Dallas is cutting 350 jobs, approximately 250 of which were vacancies, according to a Dallas Business Journal news report.
The other approximately 100 hospital employees were laid off. The layoffs are due to state budget reductions; UT Southwestern faces a $31 million reduction in state funding per year, according to the news report. In addition, salaries have been frozen for those serving as associate vice president or associate dean and above.
Read the news report about UT Southwestern Medical Center.
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The other approximately 100 hospital employees were laid off. The layoffs are due to state budget reductions; UT Southwestern faces a $31 million reduction in state funding per year, according to the news report. In addition, salaries have been frozen for those serving as associate vice president or associate dean and above.
Read the news report about UT Southwestern Medical Center.
Related Articles on Hospital Finances:
Martha's Vineyard Hospital CEO Cautiously Optimistic About Growing Profits
Summit Park Hospitals Lost $10M in 2010; Programs May Be Cut or Eliminated
New York Work Group Tasked With Saving Cash-Strapped Hospitals