Henry Ford Health System to Cut 500 Jobs, Close Clinics in Michigan.

Detroit Free Press (Detroit, Michigan) (viaKnight-Ridder/Tribune Business News) | January 16, 2002 | Copyright

Byline: Kim Norris

Jan. 16--Another institution founded by Henry Ford is having to bite the bullet.

After Ford Motor Co. announced a $4.1-billion cost-cutting plan Friday, Henry Ford Health System announced on Tuesday it will eliminate 500 jobs, close three clinics and consolidate two Downriver hospitals, moves expected to save $50 million this year.

Henry Ford expects to save another $8 million in supply costs while generating a projected $12 million in additional revenue.

Henry Ford's Performance Improvement Plan is being undertaken as ...

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