Cleveland Clinic to cut $330M, possibly more jobs

CLEVELAND (AP) — The Cleveland Clinic is cutting $330 million from its 2014 budget and says it will offer voluntary retirement to some employees but may eventually need to eliminate jobs.

The Clinic informed employees about the situation Wednesday. About 3,000 workers will be notified about early retirement offers next month, but it’s not clear whether more staff would be cut if those offers are accepted.

Spokeswoman Eileen Sheil says the cuts are aimed at efficiency and keeping health care affordable for patients. The Clinic says it’s also trying to reduce operational costs and strictly review the filling of vacant jobs.

Sheil says staffing and benefits constitute more than half of the hospital system’s costs. She says that means non-employee cuts aren’t enough to meet the needed cost reductions. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language, racial slurs or consistent name calling will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

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