03/12/2009 05:12 am ET | Updated May 25, 2011

University Of Chicago Hospital Cutting 450 Jobs

University of Chicago Medical Center will lay off 450 workers as part of a recently announced restructuring, the hospital said Monday.

The cuts represent about 5% of the Hyde Park hospital's nearly 10,000 workers. Hundreds more jobs are likely to be eliminated through attrition over the next 18 months, officials said.

Read more on Crain's Chicago Business