Thread regarding Ascension Health layoffs

Time to sharpen up that resume! 1.4B quarterly loss

Surely there is more restructuring to come, as Joe and his ilk pad their golden parachutes some more.

https://www.beckershospitalreview.com/finance/ascension-suffers-1-4b-q1-operating-loss.html?origin=BHRE&utm_source=BHRE&utm_medium=email&utm_content=newsletter&oly_enc_id=8875B7159545H3C

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| 861 views | | 3 replies (last June 1, 2023) | Reply
Post ID: @OP+1mS0xYvK

3 replies (most recent on top)

Studios arent going anywhere as long as Fast Eddy is navigating the Titanic.....

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Post ID: @2wtc+1mS0xYvK

Interesting...

"The roughly $715 million of impairment losses represent Ascension’s determination that “the carrying value of certain [long-lived] assets within Ascension’s markets may not be fully recoverable,” system management wrote in its latest financial statements. The filing did not outline the specific assets."

https://www.fiercehealthcare.com/providers/ascension-down-nearly-19b-nine-months-after-fiscal-q3s-elevated-costs-one-time-impairment

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Post ID: @1aqc+1mS0xYvK

I wonder if they ki-l the studio

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Post ID: @1etd+1mS0xYvK

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