April 10 Mayo Clinic is not just faced with an enormous health crisis. Now, there is an economic crisis, too -- very likely the biggest such challenge Mayo has faced since the Great Depression. Income has plummeted as Mayo has turned its attention from regular business to the worldwide COVID-19 pandemic. Today, the clinic is rolling out a plan of spending reductions, including payroll cuts, that will directly affect about one-third of Mayo's70,000 employees across all of its sites, including Mayo Clinic Health System sites and the campuses in Rochester, Florida and Arizona. The plan is designed to bring down a $3 billion loss that financial projections show would occur by year-end without any adjustments, and to do it without lowering the quality of care, research and education Mayo provides. No layoffs are planned.