St. Anthony's Medical Center in St. Louis laid off 176 employees yesterday, according to a St. Louis Business Journal report.
Of the employees laid off, 25 were in management positions. Hospital officials declined to provide current staffing figures, but it reported a total of 3,150 staff members at the end of 2011, according to the report.
After the hospital recorded a loss in fiscal year 2012, President and CEO James Gardner Jr. said he planned to trim $22 million from the hospital's annual operating expenses through a "strategic performance improvement initiative," according to the report.
The hospital is the third-largest in the St. Louis metro area and one of two independent hospitals in the area.
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Of the employees laid off, 25 were in management positions. Hospital officials declined to provide current staffing figures, but it reported a total of 3,150 staff members at the end of 2011, according to the report.
After the hospital recorded a loss in fiscal year 2012, President and CEO James Gardner Jr. said he planned to trim $22 million from the hospital's annual operating expenses through a "strategic performance improvement initiative," according to the report.
The hospital is the third-largest in the St. Louis metro area and one of two independent hospitals in the area.
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Kaiser Permanente of Ohio to Lay Off 58 Employees