Sherwood Forest NHS Trust budget jobs threat
Hundreds of jobs are under threat after a Nottinghamshire NHS trust said it had to make savings of nearly £50m.
Sherwood Forest Hospitals NHS Trust, which runs the King's Mill and Newark hospitals, said it needed to save £46m over the next three years.
Two thirds of its budget goes on staff, with the savings needed equivalent to 420 full-time posts.
While the trust said it was looking at cutting other costs, it could not rule out compulsory job losses.
Managers said they would do all they could to to protect front-line jobs by reducing spending on agency staff and getting better deals from suppliers.
Trust chief executive Carolyn White said: "There is bound to be speculation about whether people's jobs are safe. We are doing everything possible to protect front-line jobs, including reducing spend on agency staff and focusing on reducing staff sickness and absence.
"We are also considering a voluntary leavers scheme."
A consultation process has begun.