By Nina Mandell
DNAinfo Reporter/Producer
MANHATTAN — St. Vincent's Hospital will lay off 32 doctors by the end of the month and has asked its largest union to consider a temporary 15 percent wage cut, Crain's New York Business reported Wednesday.
The salary cuts requested would affect 1,500 workers at the office and would begin next week and last for 120 days, Crain's reported.
The decision comes as the Greenwich Village Hospital looks for ways to emerge from $700 million of debt and fight closure or bankruptcy. Earlier this week, Gov. David Paterson and the hospital's creditors gave St. Vincent's a $6 million loan to help it stay solvent for 30 days.
A proposal in January by Continuum Health Care to convert the hospital into a smaller community health center sparked anger from the unions, hospital staff and local politicians, but the hospital has yet to find a long-term solution to its financial problems.
