Tenet Healthcare to eliminate about 1,300 American jobs

Tenet Healthcare to lay off about 1300 employees

Tenet Healthcare Corp. said on Friday it would lay off about 1,300 employees, or 1 percent of its total workforce, as the hospital operator looks to cut costs by $150 million in 2018.

Tenet also estimated a third-quarter adjusted loss of 17 cents per share. Analysts on average were expecting a much bigger loss of 39 cents, according to Thomson Reuters I/B/E/S.

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