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Kaiser puts costs under the knife

Authors :
Rauber, Chris
Source :
San Francisco Business Times. Feb 20, 2009, Vol. 23 Issue 30, p1, 2 p.
Publication Year :
2009

Abstract

Oakland-based Kaiser Permanente have directed regional leaders to initiate cost-cutting steps to help address $794 million investment-related losses in 2008. Cost-cutting initiatives are expected to include freezing the pay of top 500 executives and keeping staff at 2008 levels. Kaiser also revealed that its portfolio lost 15% of its overall value in 2008.

Details

Language :
English
ISSN :
08900337
Volume :
23
Issue :
30
Database :
Gale General OneFile
Journal :
San Francisco Business Times
Publication Type :
Periodical
Accession number :
edsgcl.197814741