Providence freezes nonclinical hiring amid financial ‘perfect storm’

Providence freezes nonclinical hiring amid financial ‘perfect storm’

“We were on track to finally break even this year. But just as we were nearing that goal, the external economic conditions in 2025 took a sudden turn,” CEO Erik Wexler said in a memo to staff.

Providence institutes hiring freeze amid shifting economic conditions

Just as the seven-state system was getting costs in line with revenue, economic conditions "took a sudden turn."

Lubbock imposes hiring freeze immediately except for public safety; council told to brace for more if revenue keeps falling - Lubbock Lights

Lubbock city manager Jarrett Atkinson announced a hiring freeze starting immediately. Atkinson did so during a city council meeting Tuesday afternoon where he said sales collections are $1.8 million below projections. The shortfall could reach $4.7 million between now and October 1 when the new budget takes effect, Atkinson said. Public safety jobs – police, fire and animal control – are the exception. The city can still hire those roles. And th…

Providence freezes nonclinical hiring amid financial ‘perfect storm’ – RamaOnHealthcare

“We were on track to finally break even this year. But just as we were nearing that goal, the external economic conditions in 2025 took a sudden turn,”