All articles tagged with #operating costs
Dartmouth Health announced it will cut 124 jobs and cancel 303 unfilled positions as operating costs have risen about 12%, impacting Tele-ICU and Tele-ED services. The New England Alliance for Health and Lean Six Sigma training programs are also being scaled back to cut costs. Officials say patient care won’t be negatively impacted and employees will be offered internal opportunities to reassign, as the system seeks longer-term sustainability.
NASA says it could reboost the Hubble Space Telescope if operating costs can be reduced, using lessons from the ongoing Link servicing mission to the Swift Observatory. A successful, lower-cost reboost could extend Hubble’s life beyond the current decay window and signal ROI for future on-orbit servicing, though Hubble’s operating costs are currently high and the project remains high risk.
Chipotle Mexican Grill has announced a 2% nationwide menu price increase to address rising inflation and operating costs, marking its first price hike in over a year. This follows a previous 7% increase in California due to the Fast Food Wage Act, which raised the minimum wage for limited-service workers. The company has faced challenges with rising ingredient costs and public criticism over portion sizes.
Nordstrom is closing two stores in San Francisco, including one in a shopping mall, due to rising operating costs, concerns about crime, and foot traffic remaining below prepandemic levels. This reflects the challenges that merchants face in key business districts in large cities across the country.