Baylor Scott & White Health Announces Layoffs
The largest not-for-profit healthcare system in Texas is also suffering due to the COVID-19 pandemic as Baylor Scott & White Health announced it would be laying off 3% of its workforce according to News 10.
The CEO of Baylor Scott & White Health Jim Hinton told employees in a video message on Tuesday that the company has had to deal with a 50 to 90 percent drop in patient volumes as a result of the suspension of nonessential services because of the COVID-19 outbreak.
Therefore, the company will be laying off roughly 1,200 of its 49,000 employees. Employees will be notified of layoffs this week.
Beginning June 8th some employees will be flexed or and some will be furloughed. Unfilled positions will be eliminated and senior executives including CEO Hinton and system President Pete McCanna will take 25% pay cuts and the system’s other 300 senior managers will take cuts of 10% to 20%.
The Baylor Scott & White Health system includes 50 hospitals, more than 800 patient care sites and 7,500 physicians.