www.salemnews.com/punews/local_story_065221926.html -
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Published on: 3/7/2009
Last Visited: 3/7/2009
The job losses account for a 2.04 percent reduction at the Peabody campus, bringing the number of employees to 864, according to Erickson spokesman Mel Tansill.
"We continue to evaluate opportunities to increase revenue and reduce costs during this economic downturn," Tansill said in a prepared statement.
"We recently employed new pricing strategies to drive revenue, and we have been examining our community operations to find cost efficiencies."
The privately held company of 4,893 employees shed 88 positions this week at 10 of its retirement communities nationwide, Tansill said.
It's the first time Baltimore-based Erickson has had to let employees go, he said.
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Tansill said the 18 laid-off Brooksby workers were offered severance packages, but he did not go into detail.
He said the cuts would help keep residents' monthly fees "as affordable as possible while preserving the programs that directly impact" residents' lifestyles.
The cuts would "better align" Brooksby Village to current occupancy levels and optimum staffing ratios, but Tansill would not elaborate further.
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Tansill said the company did not anticipate increases in its monthly fees, at least as of yesterday.