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Article: Henry Ford Health System to Cut 500 Jobs, Close Clinics in Michigan.

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Knight Ridder/Tribune Business News
Article date:
January 16, 2002
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By Kim Norris, Detroit Free Press Knight Ridder/Tribune Business News

Jan. 16--Another institution founded by Henry Ford is having to bite the bullet.

After Ford Motor Co. announced a $4.1-billion cost-cutting plan Friday, Henry Ford Health System announced on Tuesday it will eliminate 500 jobs, close three clinics and consolidate two Downriver hospitals, moves expected to save $50 million this year.

Henry Ford expects to save another $8 million in supply costs while generating a projected $12 million in additional revenue.

Henry Ford's Performance Improvement Plan is being undertaken as the Detroit health system struggles against a ...

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