Tuesday, November 18, 2008

Beaumont is Sick: Beaumont Hospitals Lays off 500

Beaumont Hospitals is taking the precision shears to a few suburban hospital branches to trim costs. They have announced layoffs of 500 employees at Royal Oak, Troy and Grosse Pointe in Michigan. Michigan is battered and due to be battered by the auto drama, but this is a fairly unique area where demand is supposed to be high. I think the staff affected will probably be okay finding replacement jobs in their sector elsewhere, somewhere in the country.

To further impact consumer spending, they will be cutting salaries of some executives and freezing or slowing work projects, which will affect a whole other set of people.

Related:
Mediiiiic! UTMB Bleeds Out

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