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Healthcare on track to set record for mass layoffs

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Healthcare is about to break a record that it doesn't really want to break: the record in the past 10 years for the most mass layoffs.

Mass layoffs are defined as actions involving 50 employees from one employer. The highest number of mass layoffs in a year was in 2005, which saw 585 mass layoffs. As of October 31, healthcare employers have perpetrated 511 mass layoffs.

The industry has already passed the number of average annual mass layoffs for the last 10 years, which has been 463. And unless something changes for the better soon, we're about to set that new record. No one wants to see that.

To learn more about mass layoff statistics:
- read this Modern Healthcare piece

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This is nothing article with no facts to substantiate the claims being made. I followed the link to Modern Healthcare on line and again no facts. Based on the limited information in the article, we the readers have no idea what occupations are being laid off. There have been published reports that Big Pharma is reducing its sales force so is part of the "healthcare" mass layoffs? The truth is that there is a critical shortage of nurses, pharmacists, and physical therapists across the nation with the greatest shortage being with nurses. If you are going to publish something then verify the facts.

as a consumer of a bloated health care system , i don't find it all that terrible that many organizations are cutting employees. my hope is that lower expenses at many organizations will lower costs for the end user. health care got bloated, without any discernable improvement in services, just like most everything else during this bubble. so, it's about time that cost cutting came into play.

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