Tower Health Cutting 1,000 Jobs Due To Financial Impact Of COVID-19 Pandemic

PHILADELPHIA (CBS) -- Pennsylvania-based health system Tower Health is cutting 1,000 jobs due to the financial impact of COVID-19. As part of the cuts, Pottstown Hospital's maternity unit will close.

Officials say the government-mandated closures caused a 40% drop in its revenue while expenses for COVID-related needs increased.

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