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Severance Hospital is a teaching hospital located in Sinchon-dong, Seodaemun District, South Korea. It is one of the oldest and biggest university hospitals in South Korea . It has 2,437 beds and treats approximately 2,500,000 outpatients and 840,000 inpatients annually.
Severance donated a large sum of money (US$45.000) to Chejungwon, with which a new hospital was built in front of Sungnyemun. Chejungwon subsequently changed its name to "Severance Hospital" on 3 September 1904. In the same year, the hospital added the Severance Hospital Medical School and the attached School of Nursing.
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The Severance Hospital and Medical school on June 5, 1962, moved to a new location in Sinchon after building a huge medical complex which included the Eighth U.S. Army Memorial Chest Hospital as an integral part and a separate unit ($400,000 worth of building material and $70,000 for medical equipment as American Forces Aids to Korea Program 1955).
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The economy is unpredictable right now, and layoffs are happening like crazy. On Jan. 18, Microsoft announced it would cut 10,000 jobs to trim costs. This was not long after Amazon announced it ...
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