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Updated: Tuesday, 21 Feb 2012, 12:01 PM EST
Published : Tuesday, 21 Feb 2012, 12:01 PM EST
Waterbury, Conn. (WTNH) - Waterbury Hospital blamed fiscal challenges when they announced on Tuesday they were laying-off 75 workers.
The lay-off represents about five percent of the hospital's total workforce. The hospital also says it is eliminating 20 open positions and will reduce the hours of 15 employees.
The job cuts include both management and union members.
"This is a sad day for our organization," said hospital President/CEO Darlene Stromstad, FACHE. "This is a significant reduction. I am asking all local businesses that are hiring to please consider our employees."
Waterbury Hospital ended its last fiscal year with an almost $10 million loss, and has suffered a $34 million loss over the past four years.
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