The hospital giant, one of the state's top employers, “is acting now” to close the $250 million budget gap over the next two years.

MGB says its "strategic organizational redesign," which primarily involves cutting management and administrative positions, comes as the system grapples with a projected $250 million budget gap over the next two years.

Cooley Dickinson Hospital’s parent organization, Boston-based Mass General Brigham, announced a second round of layoffs Monday. The cutbacks are aimed at closing a $250 million budget gap within the next two years at Mass General Brigham,