Arlington-based Texas Health Resources is laying off about 720 employees, or roughly 3 percent of its workforce, according to a Star-Telegram report.
The company has about 24,000 employees and is one of the nation's largest faith-based, nonprofit health systems.
"While we regret having to take these actions, we want to be clear that only a small number of employees were affected," Michelle Kirby, Texas Health's chief people officer, said in a news release obtained by the Star-Telegram. "There are job opportunities in other areas of Texas Health, and we have a long track record of placing impacted employees in other roles in our system. We are working hard to do so for these individuals."
According to the Texas Health Resources website, there are nearly 30 acute care, short stay, rehabilitation and transitional care hospital locations — that are owned, operated or partnered with the system.
The layoffs reportedly won't all occur at one location.
Texas Health said it "continues to grow numerous service lines and has plans to open two new hospitals in the next 24 months, along with expansion projects at existing facilities," according to CBS DFW.
The system said that the layoffs and expansions are part of adapting to market demands and ensuring long-term community needs are met.