700 Accept Early Retirements at Cleveland Clinic
CLEVELAND, Ohio — The Cleveland Clinic has announced that 700 of its employees have agreed to early retirements.
According to a statement released by the Cleveland Clinic Wednesday night, the workers accepted an enhanced voluntary early retirement program. The plan is to “back fill” nearly half of the positions where it’s clinically necessary, according to the statement.
Several hundred open positions were also closed.
Last fall, the clinic announced plans to trim $330 million from its budget in 2014. At the time, officials said the cuts were in response to health care reform laws.
At that time they also said after they calculate the savings from cuts and early retirements, they can determine how many, if any, people must be laid off.
The Cleveland Clinic’s entire statement on the retirements is as follows:
“In our ongoing effort to restructure our health system to provide more affordable healthcare services for our patients, today, we shared with our employees that nearly 700 people accepted the enhanced voluntary early retirement program we offered. Our plan is to back fill nearly half of those where it is clinically necessary. As a result of the hard work of our leaders who identified ways to reassign responsibilities, we also closed several hundred open positions which allowed us to keep our reduction in force to a minimum. These are always difficult decisions and we regret the loss of any jobs. We will continue to evaluate our services and the way we work moving forward, just as healthcare systems across the country will need to do. At the same time, we will continue to hire for positions that are critical and we will continue to grow to ensure our future is strong, to protect jobs and to provide the best care to our patients.”
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