"Mayo Clinic has unveiled a plan to cut $1.6 billion in pay, withdraw nearly $1 billion from its financial reserves and save another $700 million through a hiring freeze to counteract a $3 billion loss inflicted by the coronavirus. A large portion of this loss was the result of Governor Tim Walz’s ban on non-essential procedures that has cost Mayo up to 75% of its business in some areas."

Thank You, Alpha News.

https://alphanewsmn.com/mayo-cut-pay-walz/