UCSF to Lay Off About 200 Employees Amid ‘Serious Financial Challenges’
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8 Articles
UCSF to lay off about 200 employees amid ‘serious financial challenges’
(KRON) -- Approximately 200 University of California, San Francisco (UCSF) healthcare employees are being laid off, the university announced in a press release Wednesday. UCSF called it a difficult but necessary decision to combat "serious financial challenges" the hospital is facing. "We are deeply grateful for their contributions. Impacted employees will receive full UC benefits, including severance and support with career transition," UCSF sa…
UC San Diego Health Workforce Reduction Amid Rising Financial Pressures
UC San Diego Health announced the layoff of approximately 230 employees, roughly 1.5% of its workforce, due to financial pressures stemming from regulatory uncertainties and escalating costs of healthcare provision. The institution cited insufficient reimbursement rates from Medicare, Medicaid, and insurers as contributing factors. The University Professional and Technical Employees union warned that these layoffs, affecting frontline positions,…
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