The layoffs come as Providence looks to cut $100 million costs amid industrywide financial strains.
PORTLAND, Ore. — This story comes from the Portland Business Journal, a KGW news partner. The full story is here.
Providence is notifying 128 employees in Oregon this week that their positions will be eliminated as part of an ongoing effort to cut $100 million in costs this year amid financial challenges hitting the industry.
Jennifer Burrows, Providence Oregon’s chief executive, said the reductions reflect the system’s need to “match revenues and expenses” at a time of escalating costs for labor and supplies, new state requirements around charity care
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