Week in Evaluation, Might 8-12: Ochsner Layoffs, Movie Subsidies and Extra

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NEW ORLEANS — On Might 11, Ochsner Well being introduced plans to lay off 770 workers — or 2% of its workforce — in Louisiana and Mississippi. The well being system, which is the state’s largest personal employer, operates 42 hospitals and greater than 200 pressing care and well being facilities within the two states. Earlier than the layoffs, the corporate stated it employed roughly 38,000 individuals.

The layoffs will have an effect on workers in administration, administrative jobs and clerical positions, in keeping with Ochsner CEO Pete November, who stated docs, nurses and different patient-facing workers won’t lose their jobs. 

“For a while, we now have all been working exhausting to deal with our monetary and workforce challenges,” stated the CEO in a company-wide e-mail. “We’re not alone on this: healthcare suppliers throughout the nation have skilled elevated labor prices, a scarcity of affected person care clinicians, excessive inflation and the tip of pandemic aid funding from the federal government.”

November, who turned CEO in 2022, stated the well being system is just not closing or consolidating any of its services.

Learn extra on this subject — and listed below are the week’s prime enterprise headlines:

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