Cedars-Sinai Medical Center is laying off more than 100 employees in a move that the hospital said was needed to reduce costs as it faces 'a challenging financial environment.'
employees, including pharmacy technicians, administrative support staff, patient service representatives and management employees,
The workers who are being laid off are not unionized, the hospital told state officials in a legally required notice, which listed dozens of different kinds of employees hit by the layoffs. The reductions represent less than 1% of the workforce across Cedars-Sinai facilities and are primarily affecting “nonpatient care positions,” a Cedars-Sinai spokesperson said.
The layoffs will affect 131 employees at Cedars-Sinai Medical Center, a slight reduction from the numbers the hospital originally reported to the state, according to its spokesperson. Cedars-Sinai has also cut roughly two dozen employees at other Cedars-Sinai-related entities.California lawmakers have agreed to lend $150 million to financially distressed hospitals.
However, the cuts at Cedars-Sinai are much more modest in scope for a major employer, “not a signal of a hospital in trouble,” said Glenn Melnick, a USC professor focused on health finance. Melnick said that as hospitals anticipate continued increases in labor costs and grapple with losses in the stock market, “prudent places are adjusting in advance.”
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