MD Anderson Cancer Center to Cut 1,000 Jobs
MD Anderson Cancer Center, Houston's second-largest employer, is eliminating about 1,000 jobs as the elite medical institution continues to wrestle with losses that exceeded $100 million last quarter.
The center's leaders announced Thursday that 800 to 900 employees will be laid off and another 100 to 200 jobs will be reduced through retirement and attrition.
The cuts, 5 percent of MD Anderson's 20,000 employees, had been feared since the center confirmed last month that it suffered an operating loss of $111 million from September through November, the first quarter of its 2017 fiscal year. A cost-containment plan that began in the fall stopped short of layoffs, but officials warned staff cuts might be needed.