Hospitals to Cut 93,000 Jobs Because of Obamacare

Orlando Health, a not-for-profit network of community and specialty hospitals, is just one example of the massive layoffs expected in the coming year. Officials with the Central Florida-based healthcare services provider announced on Monday that the largest staff reduction in its nearly 100-year history will result in cutting up to 400 jobs, starting immediately.

Louisiana State University announced in October it would cut 1,495 positions and various programs across its seven hospitals to trim more than $150 million from its budget.

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