Dive Brief:

Memorial Sloan Kettering Cancer Center will cut less than 2% of its workforce this fall as the system battles rising expenses.

The system said it’s cutting jobs to address a “structural deficit,” in which costs related to drugs, supplies and labor have outpaced revenue growth.

Details of the cuts are still being finalized, a health system spokesperson said. Impacted employees will be notified between late September and Nov. 15.

Dive Insight:

MSK said it has implemented program redesigns, decreased work with consultants and closed some open roles to cut costs. However, the health system does not plan to implement a full hiring freeze.

The health system said its decision to cut staff is due to broader industry headwinds.

“In recent years, unprecedented changes have reshape

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