AM I NEXT? NO LOVE AT GE HEALTHCARE (01/11/23)

JANUARY 11, 2023 — GE HEALTHCARE SPUN OFF AND IS NOW AN INDEPENDENT COMPANY

Peter Arduini, President and CEO of GE HealthCare…

“Today is an incredibly exciting day for GE HealthCare as we become an independent company and start a new chapter advancing our position as a global leader in precision care. We are on the verge of true industry transformation as digital innovation reshapes the experience of patients and providers with an increased need for more precise, connected, and efficient care. GE HealthCare colleagues worldwide are united in our purpose to create a world where healthcare has no limits, and we look forward to delivering for providers, patients, and shareholders in the years ahead.”

“GE HealthCare launches with a presence in more than 160 countries and approximately 51,000 employees worldwide serving more than one billion patients a year. The company invests more than $1 billion in R&D annually and generates approximately $18 billion in revenue, with an installed base including more than 4 million pieces of equipment across its four business segments – Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics.”

JANUARY 21, 2021 — 140 LAYOFFS IN MADISON, WISCONSIN

The company has laid off 140 workers at its Madison, Wisconsin’s Datex-Ohmeda facility, citing the reduced need for ventilators and anesthesia machines.

JULY 13, 2020 — Original post…

Chicago, Illinois-based GE Healthcare. a manufacturer and distributor of diagnostic imaging products, has announced a continuation of its relocation plan for transitioning 250 sales, marketing, and support jobs from the company's offices in Wauwatosa, Wisconsin to its Chicago headquarters. The move will impact approximately 123 employees who will be permanently laid of on August 31, 2020.

According to a company spokesperson, “In January, we informed employees that to be closer to our customers and strengthen our business, portions of the U.S. commercial team will transfer to the company’s global headquarters in Chicago and other regional offices. We remain committed to Wisconsin, home to more GE Healthcare employees than any other state."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT LIFETIME HEALTH CLUBS

Chanhassen, Minnesota-based LifeTime, owner/operator of health clubs and fitness centers, has announced a reduction in force affecting 301 employees, 250 from Chanhassen corporate headquarters, and 51 from the company's millwork facility in Chaska, Minnesota that builds and maintains lockers and cabinetry. The layoffs are scheduled to commence on August 19, 2020.

The decision was driven by the involuntary closure of gyms and fitness facilities as a result of the COVD-19 pandemic.

A company spokesperson noted, “These shutdowns inflicted considerable negative financial impact on our company, along with the suspension of nearly four years of new club and business development. Additionally, it may take some months before membership growth and traffic resume to normal levels”

“With this unforeseen business interruption and impact, we have implemented difficult, but necessary, action to reduce our operating expenses, including a 1 percent reduction in our total workforce. The vast majority of this impact is in our real estate, architecture, and construction departments given the temporary suspension of new club and business development.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT TOWER HEALTH (11/08/25)

NOVEMBER 8, 2025 — 350 POSITIONS ELIMINATED

Tower Health announced on Friday it will cut 350 jobs, including 131 at Pottstown Hospital. Rising supply and labor costs, along with slower reimbursement rates, are putting heavy pressure on health systems nationwide, said CEO Michael Stern in a message to employees.

APRIL 14, 2023 — 100 POSITIONS ELIMINATED

The company has announced additional layoffs as part of a cost-cutting initiative.

The initiative will impact 100 full-time equivalent positions, mostly non-clinical or management functions, to ensure the system is appropriately structured to meet our organizational goals."

NOVEMBER 3, 2021 — 293 LAYOFFS IN WEST GROVE, PENNSYLVANIA

Tower Health is continuing its restructuring plans and will be closing the Jennersville Hospital at the end of the year and plans to lay off 293 employees in West Grove, Pennsylvania by 12/31/21. The layoffs will affect workers at Jennersville Hospital, Jennersville Family Medicine, West Grove of PA Associates, and West Grove Clinic Co.

SEPTEMBER 29, 2021 — MAJOR RESTRUCTURING TO ACHIEVE FINANCIALLY STABILITY

Major layoffs as the company announced its plans to close its Jennersville Hospital in West Grove, Pennsylvania, and sell its Chestnut Hill Hospital in Philadelphia, Pennsylvania.

The Jennersville Hospital is scheduled to close on January 1, 2022, and its emergency department will remain open until the closing date.

Tower Health has signed a letter of intent to sell Chestnut Hill Hospital and more than a dozen urgent care centers to Livonia​, Michigan-based Trinity Health Mid-Atlantic, the largest Catholic healthcare system serving the Greater Philadelphia area

JUNE 24, 2020 — Original post…

West Reading, Pennsylvania-based Tower Health, a regional integrated healthcare provider/payer system, has announced a reduction in force to counter losses attributed to reduced patient counts and lower reimbursement rates. Approximately 1,000 employees will be impacted by the permanent layoffs.

Even though the company previously furloughed more than 1,000 employees in April 2020, the losses through May 2020 totaled $212 million.

According to a company spokesperson, “The government-mandated closure of many outpatient facilities and the suspension of elective procedures caused a 40 percent drop in system revenue. At the same time, our spending increased for personal protective equipment, staff support, and COVID-related equipment needs.”

"Tower said positions will be eliminated in executive, management, clinical, and support areas. The cuts include consolidations of clinical operations. Tower is aiming to trim expenses by $230 million over the next two years, Matthews told staff."

“The decision to reduce our workforce has been difficult and painful because it impacts lives. It is necessary, however, to ensure that Tower Health can continue to serve the community with high-quality health care in the months and years ahead.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?