Troubled NYC hospital begins layoffs Associated Press - February 13, 2010 10:35 AM ET
NEW YORK (AP) - New York City's last Catholic general hospital has begun laying off more than 300 workers in a last ditch effort to keep its doors open.
St. Vincent's Hospital Manhattan has been a West Village institution for 160 years, but is now in desperate financial straights.
The hospital is $700 million in debt. Recently it has needed state loans to meet payroll.
The people losing their jobs include housekeepers, orderlies, dietitians, managers and medical residents.
It also asked its remaining staff Friday to take pay cuts of up to 25 percent.
Unions representing nurses and other workers were voting on whether to accept the cuts.
Information from: The New York Times, http://www.nytimes.com
