Workers impacted by the layoffs include eight vice presidents, a nurse, laboratory employees, ecological service employees and dietary employees..
In May, Cape Cod Healthcare furloughed 595 workers due to low client volume and revenue declines in the middle of the pandemic. Of the employees furloughed, 477 have gone back to work, and 118 will be laid off..
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Alia Paavola –
Friday, August 28th, 2020
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Mentioning financial challenges due to the COVID-19 pandemic, Barnstable, Mass.-based Cape Cod Healthcare will lay off 118 workers and extend wage reductions for executives, according to The Cape Cod Times.
Cape Cod Healthcare CEO Michael Lauf informed the Times that the layoffs were “an extremely difficult decision to make, as Cape Cod Healthcare values every one of our employees.”.
In addition to the personnel reduction, Cape Cod Healthcare is extending a 10 percent wage cut for its senior executives, according to the report..
Check out the full report here..