Mass General Brigham lays off hundreds amid financial crisis

In Boston, Massachusetts, Mass General Brigham, the largest health care system in the state, has recently revealed plans to lay off hundreds of employees due to a critical financial challenge. The organization, which boasts a workforce exceeding 82,000 individuals, acknowledged a substantial projected budget gap of $250 million. The layoffs, as stated by CEO Dr. Anne Klibanski, will primarily target non-clinical and non-patient-facing roles, with a focus on the elimination, consolidation, or rescoping of various management and administrative positions. The completion of these layoffs is anticipated by March. The healthcare system cited several compounding pressures contributing to its financial instability, including inflationary costs, operational inefficiencies, and a growing capacity crisis that has plagued healthcare facilities in the region. Last year, Massachusetts General Hospital acknowledged it was expanding its services by adding 94 beds to accommodate the increasing patient inflow, as many patients found themselves waiting extensive periods for beds in the Emergency Department. Alongside this, the system has made efforts to develop its