Michigan Medicine Announces Furloughs, Layoffs As Part Of Restructuring Plan In Wake Of COVID-19
Michigan Medicineannounced Tuesdayit will be laying off or furloughing around 1,400 full-time employees due to financial losses caused by the coronavirus.
The health system is projecting losses of up to $230 million this fiscal year, due to COVID-19.
Michigan Medicine’s Director of Public Relations Mary Masson says they are still determining which positions will be affected.
“We know we are going to avoid employees who provide direct patient care. So, we expect most of the impact will be on operational efforts that don’t involve direct patient care,” Masson says.
Masson says Michigan Medicine is also delaying non-essential capital projects, suspending merit increases and tuition reimbursement for employees, and its chief executive officer will take a 20 percent pay cut.
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