20 Hrs
Source:
The Boston Globe
Mass General Brigham lays off again
Mass General Brigham is implementing layoffs for the second time in less than two years to improve its financial stability. The health system, which includes numerous hospitals and specialties, began cutting jobs last week, with department heads asked to reduce budgets amid ongoing efforts to address a declining operating margin. In fiscal 2025, MGB's operating income was minimal compared to its investment income, prompting cost-cutting measures to ensure long-term sustainability.
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