Texas: Massive layoffs at UTMB

by E Wayne Ross on November 17, 2008

Houston Chronicle: UTMB to lay off 3,800 people

AUSTIN — The University of Texas Medical Branch in Galveston, still reeling from Hurricane Ike, is laying off some 3,800 people.

In a news release, the UT Board of Regents said it was forced to make the job cuts because the teaching hospital was running out of money.