More layoffs hit MGB in second round of job cuts this year
- MGB is implementing a second round of layoffs affecting approximately 1,500 positions to address a $250 million budget shortfall, according to Jennifer Street, a spokesperson for Mass General Brigham.
- Employees will receive benefits coverage and severance packages, as confirmed by a spokesperson for Mass General Brigham.
- Concerns have risen among staff about morale and trust in leadership, particularly expressed by Dr. Peter Grinspoon, who noted a lack of faith in the organization's decision-making.
- While MGB has posted positive operating margins previously, it recently reported a $53.8 million operating loss, pointing to challenges in financial performance, as stated by Klibanski.
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Mass General Brigham announces more layoffs - The Martha's Vineyard Times
The parent company of Martha’s Vineyard Hospital has announced another round of layoffs across its hospital system, though details of how the Island institution has been impacted remain unclear. Mass General Brigham CEO Anne Klibanski sent out a letter on Monday morning notifying staff of the second bout of layoffs, the Boston Globe reported. According to the Globe’s sources, around 1,500 positions may be cut out of 82,000 employees across Mass…
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Total News Sources10
Leaning Left3Leaning Right0Center6Last UpdatedBias Distribution67% Center
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- 67% of the sources are Center
67% Center
L 33%
C 67%
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