AM I NEXT? NO LOVE AT MEMORIAL SLOAN KETTERING CANCER CENTER

New York, New York-based Memorial Sloan Kettering Cancer Center, the iconic cancer treatment and research institution, has announced a cost-containment initiative.

The company has announced the reduction in force will impact

337 employees, spread across 14 sites in New York City, to reduce costs amid widespread hospital financial challenges.

According to a hospital spokesperson, "These roles span multiple departments and levels. This reduction was necessary to ensure that MSK can continue to invest in the future of cancer care, research, and education for the benefit of generations to come and every effort has been made to ensure that patient care is not impacted."

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. We see good people being laid off through no fault of their own. 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 ECU HEALTH

Greenville, North Carolina ECU Health, a not-for-profit healthcare system and operator of nine hospitals has announced it is closing multiple regional clinics and an inpatient behavioral health unit after recording $46 million in losses last year.

The closures will impact an unknown number of employees and are expected to be complete by March 2023.

The decision was primarily driven by financial pressures including a disproportionate number of uninsured or underinsured patients as well as labor costs for travel staff.

According to a spokesperson, “ECU Health has given careful consideration to the initial operational adjustments in order to minimize impact to patients and team members. These decisions were made following a detailed review of the patient census, nearby availability of similar services, and staffing realities. Importantly, the health system will work closely with patients to transition care to nearby locations. These adjustments, combined with other cost-saving initiatives, are necessary to respond to the current state of health care across the nation and here in North Carolina."

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. We see good people being laid off through no fault of their own. 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 INNOVACCER

San Francisco, California-based Innovaccer, a digital health platform operator that helps its clients connect healthcare data across multiple systems and settings, has announced a 15% reduction in its workforce.

The reduction in force will impact 245 employees.

Co-founder and chief executive Abhinav Shashank, noted “We are taking the much-needed step of doubling down on our core capabilities and streamlining our organizational focus. As a result, we are going to deprioritize certain areas and offerings that distract us from our core portfolio, which will result in a reduction of workforce by approximately 15%."

"Our priority is to fully support the impacted employees, including by offering a generous package, transitional health insurance benefits, and job placement support."

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. We see good people being laid off through no fault of their own. 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?