Erlanger Hospital is located on 3rd Street in Chattanooga.COST-CUTTING MOVES• January: Six executive positions cut, 40 percent reduction in executive ranks. Savings: $1.4 to 1.6 million• February: 23 to 30 management positions cut, 20-25 percent reduction. Savings: About $2.5 million• March: 142 staff positions cut, 3.5 percent reduction. Savings of about $7 millionSource: Newspaper archives, Erlanger
Erlanger Health System is laying off 142 workers as part of the third and final phase of an employee reduction plan that will save the hospital $10.5 million to $11 million a year.
The layoffs represent about 3 percent of Erlanger’s 4,700 employees, according to Chief Administrative Officer Gregg Gentry.
About 55 percent of the affected employees accepted a voluntary buyout package, 25 percent of the employees had previously been placed on probation for disciplinary issues and 20 percent were involuntary layoffs, Gentry said.
“We are pleased so many employees took the voluntary separation,” he said. “We wanted to make the process as easy as possible for everyone involved.”