Latest Healthcare Layoffs News & Data

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Top Healthcare Layoffs in Hospital and Health Systems

February 2024

Company:   Mercy Health

Headquarters:  Cincinnati, Ohio, United States

Number of People: 300

Mercy Health has laid off nearly 300 employees across the country as the company makes what it calls a holistic approach to supporting patients. The company is working with impacted employees to find them other opportunities within the ministry and support them moving forward.

February 2024

Company:   Mercy Health

Headquarters:  Cincinnati, Ohio, United States

Number of People: 300

Mercy Health has announced that nearly 300 employees across the country will be laid off as the company makes a holistic approach to supporting patients.  This is in response to the patients’ request for self-service tools and technology to provide flexibility in scheduling.

February 2024

Company:   George Washington Hospital

Headquarters: Undefined, Washington, United States

Number of People: 60

GW Hospital laid off approximately 3 percent of its staff, approximately 60 workers, most in positions “not directly involved in the front line of patient care delivery.”

January 2024

Company:  Walgreens Boots Alliance

Headquarters:  Deerfield, Illinois, United States

Number of People: 500

Walgreens Boots Alliance has closed over 150 U.S. stores and 300 more in the United Kingdom. The company is laying off 500 people in Deerfield, IL. Headquarters. That is about 10% of the corporate staff.

January 2024

Company: AlloVir

Headquarters: Cambridge, Massachusetts, United States

Number of People:  95% of workforce

Due to the December 2023 discontinuation of the three unsuccessful studies of posoleucel, an off-the-shelf multi-virus-specific T-cell therapy to prevent infections or diseases caused by multiple viruses, Allovor is cutting 95% of its workforce.

January 2024

Company: Definitive Healthcare

Headquarters: Framingham, Massachusetts, United States

Number of People: 154

Definitive Healthcare has cut 154 jobs in Framingham, the company said in a regulatory filing. The company has committed to a restructuring plan designed to reduce operating costs, improve operating margins, and continue its pursuit of profitable growth.  

What are the Benefits of Utilizing Healthcare Layoff Data?

Investment & Trading

Make informed decisions about buying, selling, or avoiding healthcare services stocks based on the implications of job cuts for such companies’ profitability and market position. 

Forecast Revenue

Layoffs typically result in changes in decision-making and budgets. Power your revenue forecasting models with the latest layoff data about healthcare services customers and prospects to predict revenue from them.

Identify Churn Risks: 

Layoffs in healthcare are signals for downgrades and decreased usage and consumption of products and services. Identify customers’ churn signals proactively. 

Employment Trends:

By tracking layoffs over time, companies can identify trends in the labor market. This information can be used to predict future layoffs and develop strategies to mitigate their impact. 

Hiring/ Recruitment:

Recruiters and employers can identify and tap into a pool of highly skilled and experienced top talent who are now available and looking for new opportunities.  This targeted approach can be especially effective for companies with unique hiring needs.

Why Subscribe to Intellizence Healthcare Layoff Dataset?

AI-Powered Platform:

The Intellizence company intelligence platform is powered by cutting-edge Natural Language Processing and Machine Learning technologies that curate layoff data from multiple external sources. To ensure high-quality signals, every record is human-audited for data integrity.

Delivered in Near Real-time:

Intellizence monitors thousands of sources in real-time for any latest layoff announcements from various unstructured external sources and delivers layoff data in a structured format.

Comprehensive Coverage:

Intellizence curates the data from news, press wires, and WARN notices to ensure comprehensive coverage. The intellizence healthcare layoff dataset covers data from healthcare services and all other emerging and established industries.

Multiple Delivery Channels:

The layoff news is delivered through multiple channels – Web Platform, Email Alerts, Slack, CRM, and ChatGPT Plugin. We offer API to power your applications and models with real-time layoff news and data.

One-Stop Data Provider for Company Signals:

In addition to Layoff News & Data, Intellizence offers curated news on 80+ company signals and structured datasets – Startup Funding, Mergers & Acquisitions, Business Expansion, Major Hiring, CXO Appointments & Changes, and Data & Security Breaches.

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