MN-based Park Nicollet to close clinic and lay off 240 workers

In response to a sagging economy, Minnesota-based Park Nicollet Health Services announced it would shut down a clinic and consolidate some mental health services. The moves will result in 240 employees losing their jobs. Park Nicollet already has eliminated more than 490 positions in the past six months, a result of its diminished investment portfolio and a decline in the number of patients because of the recession.