News Headlines Article

Hospital Mass Layoffs Off Record Pace in 2010
Health Leaders Media

The nation’s hospitals reported 137 mass layoffs of 50 or more employees in 2010, down 9.8% from the record 152 mass layoffs in 2009, but still significantly higher than any other year in the last decade, Bureau of Labor Statistics preliminary data shows.

Hospital mass layoffs appeared to be on a pace to match the 2009 record but layoffs tapered off in the fourth quarter of 2010, with six mass layoffs recorded in November, and three in December, BLS preliminary data shows.