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74 SVMH STAFF DROPPED 07-19-10 09:30 a.v.

74 buyouts were accepted Friday at Salinas Valley Memorial Healthcare in an effort to help offset a multimillion dollar drop in revenue last year. 135 employees were initially offered the buy-outs earlier this month in an effort to help save 4-million dollars along with delaying possible layoffs. A budget, that was passed last month by hospital board members projects 371-million dollar in expenses for the coming fiscal year. The workforce reduction of 74 staff is in addition to about 100 vacancies created last year through attrition.

 

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