Sunday, Jun 26, 2016
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More than 700 employees take early retirement as Cleveland Clinic tries to cut costs

CLEVELAND — The Cleveland Clinic says more than 700 workers will take early retirement as the region’s largest employer tries to cut costs.

WKYC-TV reports that the northeast Ohio hospital system is moving forward with a multi-year plan to cut about $330 million from its budget.

Clinic officials said in a statement they plan to “backfill” nearly half of the jobs. They also said several hundred open positions would be closed.

The Cleveland Clinic system has about 42,000 employees in the region.

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