Vanderbilt Medical Preparing For Next Round Of Job Cuts - | Nashville News, Weather & Sports

Vanderbilt Medical Preparing For Next Round Of Job Cuts

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NASHVILLE, Tenn. (AP) - Vanderbilt University Medical Center is expected to cut several hundred more jobs this week as part of a plan to eliminate more than 1,000 positions by the end of the year.

"There will be several hundred individuals leaving the organization this week," said John Howser, Assistant Vice Chancellor for Medical Center News and Communications.

The latest round of layoffs is part of the medical center's plan to cut $250 million from its $3.3 billion operating budget over the next two fiscal years. "What we've done has been to set the stage to be able to do the same stuff we're doing with fewer people."

About 300 people were laid off earlier this summer, but that round of cuts did not count toward the final tally of cut jobs, which Vanderbilt has reported will be 1,033.

"Certainly not all the people who are going to be fired know it yet. So I'd imagine that there's a lot of fear within the medical center," said Benjamin Eagles with employee and student group OurVanderbilt.

Jeffrey Balser is head the medical center. He says factors for the job cuts include a lack of Medicaid expansion in Tennessee and a reduction in National Institutes of Health grant funding.

(Copyright 2013 The Associated Press. All rights reserved.)

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