88.5 WFDD Web Archives
WFDD Archive
Main WFDD Website News Archives Triad Arts Archives Real People Archives Sports Commentary Archives Business Report Archives  

You are visiting the WFDD web archives.

Click here to return to our main website with the latest news from WFDD and NPR.

Search the WFDD archives
Listen (mp3) Listen  

Novant Health Cutting Jobs

May 29, 2012 | Keri Brown

Novant Health is cutting 289 positions from its workforce. In a prepared statement, President and CEO Carl Armato said the majority of the eliminated positions are in Winston-Salem and Charlotte. He also said most of the jobs being eliminated are managerial, clinical staff and non-clinical employees. Affected workers will learn about the changes over the next few days.

Armato said the laid off workers will have the chance to apply for positions open within the company. Novant will provide assistance to employees unable to get another open position.

Novant’s president and CEO sites several reasons for the layoffs including a poor economy, people using fewer healthcare services such as elective surgeries and outpatient testing, declining reimbursement costs, and an increase in charity care. 

Novant emphasizes the company is financially secure. It employs about 25,000 people in North Carolina, South Carolina and Virginia.

According to Novant Health, over the past five years, the charity care it provides has increased 200%.


<< earlier stories later stories >>
<< January 1993 >>
Su M T W Th F Sa
     12
3456789
10111213141516
17181920212223
24252627282930

Show month: