Main Line Health, which plans a groundbreaking ceremony Wednesday on a $529 million building and renovation project at its Lankenau Hospital, confirmed Monday that it has laid off 98 employees this month as part of an effort to reduce expenses.

The layoffs will save the health system $5 million, said Jack Lynch, president and chief executive officer. Among the dismissed employees are 30 managers and two senior executives. The cuts were spread throughout the system, although more than half came from Lankenau and Bryn Mawr hospitals.

Fifteen employees have accepted different jobs in the system, which has 400 openings it intends to fill, Lynch said. Main Line Health, which has 11,000 employees, is still trying to match other affected employees with openings.

Read more: