NewYork-Presbyterian Hospital Says 1,000 Employees to Be Gone Bye-Bye as Trump Economy Bites Harder.

NewYork-Presbyterian Hospital Says 1,000 Employees to Be Gone Bye-Bye as Trump Economy Bites Harder.

(The Americas)

The news as it trends.

As the saying goes, “Elections have consequences.”

It has now been reported that NewYork-Presbyterian Hospital is laying off 1,000 employees, roughly 2% of its workforce, due to macroeconomic pressures and looming financial challenges

The hospital system is facing cuts to Medicaid funding, reductions in federal health research grants, and market volatility linked to Trump-era tariffs.

The Republican Party’s push to cut Medicaid, Medicare, and other healthcare accessibility programs has left many everyday Americans vulnerable.

With Medicaid reductions ongoing, the impact on healthcare services is becoming more apparent.

While the layoffs will affect administrative and clinical positions, the hospital has not specified which programs will see reductions.

The move reflects broader financial struggles in the healthcare industry as hospitals brace for federal budget cuts tied to Trump-era policies and economic uncertainty.

The Impact of Immigrant Deportations on Medicare.

In addition to these economic challenges, experts interviewed for this report highlight the impact of immigrant deportations on Medicare.

Many undocumented immigrants pay taxes, including Medicare and Social Security contributions, even though they don’t qualify for benefits.

Their contributions help strengthen the financial health of these programs without adding to their costs.

Mass deportations could reduce the tax revenue flowing into Medicare, potentially worsening funding challenges for the program.

Additionally, removing workers from the labor force could strain industries that rely on immigrant labor, affecting the overall economy.