Grand River Hospital in Kitchener has confirmed that it will be eliminating 50 positions as it attempts to deal with a projected a $7.4 million deficit.

It’s not yet clear how many people will be laid off.

38 full-time and 11 part-time jobs will be affected.

The hospital tells CTV that some employees could move from full-time to part-time hours, while others opt for early retirement.

The layoff could also impact a variety of positions, including front-line or support workers.

The hospital says they are working a three-year plan where they make substantial changes within the organization.

Employees affected by the layoff have not yet been informed.

Grand River Hospital has a yearly budget of $400 million but has projected a deficit as it approaches the end of its fiscal year in March.

A statement from St. Mary’s says they do not expect any jobs cuts.

“St. Mary’s anticipates finishing the 2018-2019 fiscal year in a balanced financial position and is not anticipating any reduction in staffing levels,” said Marco Terlevic, Acting President, St. Mary’s Hospital.