- NewYork-Presbyterian Health has laid off about 1,000 employees, or 2% of its 50,000-person workforce.
- The layoffs affect staff across New York City, Westchester, Putnam counties, and Hudson Valley, including Cortlandt Manor and Bronxville.
- The cuts are attributed to "macroeconomic realities and anticipated challenges," including potential Medicaid funding reductions.
- Hospital officials claim patient care will remain unaffected and are working to reassign affected staff where possible.
- Affected employees include 70 nurses across NYP-Columbia, NYP-Brooklyn Methodist, and NYP-Hudson Valley hospitals.
- The New York State Nurses Association criticized the layoffs, calling them a threat to safe staffing and patient care.
- The layoffs were revealed internally via a video townhall on May 5, the same day NYP settled a $750M s-xual abuse case.
- NYP is continuing construction of a new outpatient facility in White Plains, but it’s unclear if the layoffs affect it.
- The union pointed out NYP had a 4.5% profit margin in Q3 2024 and questioned the need for cuts amid strong financials.
- NYP CEO Steve Corwin earned over $14.6 million in 2023, further fueling union criticism over the layoffs.
https://www.yahoo.com/news/1-000-newyork-presbyterian-health-202026850.html