Layoffs, Furloughs, Pay Cuts Spike as Hospitals Report Record Losses from COVID-19 Crisis – $1 Billion Financial Lifeline Needed Now
WHEN: Friday, May 22, 2020
9:30 a.m. – Point-in-time hospital workforce impact information released to media
10:00 a.m. – Teleconference
WHERE: Operator-Assisted Conference Call
Conference ID: 34752
*CREDENTIALED MEDIA ONLY
WHAT: Point-in-time data on the impact that the pandemic is having on various hospitals throughout the state will be released — with information on layoffs, furloughs, pay cuts, and other COVID-19-related consequences — illustrating the devastating impact of this unprecedented crisis on California’s hospital workforce.
WHO: Carmela Coyle, President & CEO, California Hospital Association
WHY: As California’s Legislature heads into the Memorial Day weekend, some of the most important state budget decisions in years will be on the table. While lawmakers debate the state’s fiscal priorities, mounting financial losses driven by the COVID-19 pandemic are already leading to widespread layoffs, furloughs, and salary cuts.