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The Cleveland Clinic announced today that they asked 700 employees to retire early following a September announcement that this year’s budget would be cut by $330 million.

The clinic called this move a restructuring, and added that several hundred open positions were eliminated.

“These are always difficult decisions and we regret the loss of any jobs,” a statement from the hospital read.

“In our ongoing effort to restructure our health system to provide more affordable healthcare services for our patients, today, we shared with our employees that nearly 700 people accepted the enhanced voluntary early retirement program we offered. Our plan is to backfill nearly half of those where it is clinically necessary. As a result of the hard work of our leaders who identified ways to reassign responsibilities, we also closed several hundred open positions which allowed us to keep our reduction in force to a minimum. These are always difficult decisions and we regret the loss of any jobs. We will continue to evaluate our services and the way we work moving forward, just as healthcare systems across the country will need to do. At the same time, we will continue to hire for positions that are critical and we will continue to grow to ensure our future is strong, to protect jobs and to provide the best care to our patients.”

article courtesy of Newsnet5.com

LOCAL NEWS: 700 Cleveland Clinic Employees Take Early Retirement Offered  was originally published on praisecleveland.com