Cleveland Clinic layoffs coming as part of cost reductions

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CLEVELAND -- The Cleveland Clinic has told workers they will be laying off an unspecified number of employees as part of an overall, sweeping cost-reduction plan.

Clinic CEO Dr. Toby Cosgrove discussed the looming cuts and changes in a Wednesday morning all-employee meeting.

Clinic spokeswoman Eileen Sheil denied circulating rumors that employees were told there would be 3,000 jobs cut.

She said any layoffs will be part of a multi-year plan to cut $330 million from the Clinic's budget.

The Clinic is the region's largest employer with roughly 42,000 workers.

Sheil said personnel represents 60 percent of the Clinic's budget.

She said early retirement would be offered to 3,000 eligible employees.

Most vacant jobs are not being filled.

She attributed most of the budget reductions to looming changes accompanying the start of the Affordable Health Care Act.

Sheil said the Clinic had not made overall layoffs in the past 11 years.

She declined to give a specific figure on how many jobs could be lost.

Sheil said that depends on how much savings individual departments can make with other reductions.

She added that any layoffs would be across the board, including doctors.

WKYC-TV

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