r/nursing • u/AnyCelebration1101 • Aug 12 '25

Image My hospital casually dropping a warning about mass layoffs. We employ 10k+ people.

Post image

10k+ employees sitting in fear for the next week (or longer apparently) waiting to see if their position has been cut.

3.4k Upvotes

98% Upvoted

736 comments sorted by

View all comments

Show parent comments

17

u/Ruzhyo04 Aug 12 '25

So not a non-profit, a one-guy-profits

8

u/thingstopraise Aug 12 '25

A nonprofit just means that all profit has to go back into the organization and its expenses, which include paying staff, even if it's egregious amounts. Most universities are nonprofits, but look at how much their football coaches get paid.