Thread regarding Tower Health layoffs

Painful Layoffs at Tower Health (June 2020)

About 1,000 people lost jobs today. In addition, there was 1,000 furloughed people back in April. There is less patients and the overall drop in revenue is about 40 percent. No company can survive this and we were expecting a 20% cut (at least I was). There is 12K employees, so I guess it was a bit less.

Good luck all

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https://www.inquirer.com/business/health/tower-health-hospital-layoffs-covid-19-20200616.html

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