‘Difficult but necessary’: Mass General Brigham makes layoffs for second time in two years
Published . Updated .
The cost-cutting comes about three years into a merging of clinical services at the state's largest health system.
Directly affected
- No company is named in this report.
Indirectly affected
- XLV Health Care Select Sector SPDR
A fund of health-care companies
- XBI SPDR S&P Biotech
A fund of biotechnology companies
- UNH UnitedHealth+8.7%
A large health insurer
- JNJ Johnson & Johnson-3.3%
A large health-care company
- LLY Eli Lilly+11.7%
A large drug maker
- PFE Pfizer+7.7%
A large drug maker
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLV | -2.58% | -0.84% | base | after close | after close | after close | after close |
| XBI | -4.79% | +1.07% | base | after close | after close | after close | after close |
| UNH | -5.52% | -1.28% | base | after close | after close | after close | after close |
| JNJ | -4.55% | -3.10% | base | after close | after close | after close | after close |
| LLY | -3.79% | -1.68% | base | after close | after close | after close | after close |
| PFE | -2.79% | -0.92% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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‘Difficult but necessary’: Mass General Brigham makes layoffs for second time in two years The Boston Globe
Source: The Boston Globe
This story
| Company | When | Move | Status |
|---|---|---|---|
| JNJ | three days earlier | -3.10% | final price |
| JNJ | five days earlier | -4.55% | final price |
| LLY | three days earlier | -1.68% | final price |
| LLY | five days earlier | -3.79% | final price |
| PFE | three days earlier | -0.92% | final price |
| PFE | five days earlier | -2.79% | final price |
| UNH | three days earlier | -1.28% | final price |
| UNH | five days earlier | -5.52% | final price |
| XBI | three days earlier | +1.07% | final price |
| XBI | five days earlier | -4.79% | final price |
| XLV | three days earlier | -0.84% | final price |
| XLV | five days earlier | -2.58% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Maria Elvira Salazar sold Unitedhealth Group (UNH), worth $1,001 - $15,000 on 24 Sep 2026. That is 29 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Unitedhealth Group (UNH) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 30 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Unitedhealth Group (UNH) (jointly held), worth $15,001 - $50,000 on 10 Sep 2026. That is 43 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Johnson & Johnson (JNJ) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 28 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Lloyd Doggett bought Johnson & Johnson (JNJ), worth $1,001 - $15,000 on 8 Sep 2026. That is 45 days before publication. Filed 5 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Johnson & Johnson (JNJ) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 49 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Eli Lilly (LLY) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 49 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Pfizer (PFE) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 49 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Pfizer (PFE), worth $100,001 - $250,000 on 31 Jul 2026. That is 84 days before publication. Filed 22 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“‘Difficult but necessary’: Mass General Brigham makes layoffs for second time in two years” scores 12 out of 100. The score uses 1 sources.