Albuquerque, N.M. -- Bankrupt Sun Healthcare Group, which recently shed several subsidiaries and its British holdings, has laid off 112 employees, 79 of them at its headquarters.

The layoffs were a direct result of the company's shrinking, officials said. Sun Healthcare, the parent company of Sun Factors, which under the competitive bidding project in Polk County, Fla., supplies hospital beds, oxygen and urological products, has said it is realigning operations to reflect its core long-term care business.

The company, which filed for Chapter 11 bankruptcy protection in October 1999, said in its latest quarterly financial statement that it lost $135.3 million on revenue of $609.5 million for the three months ended Sept. 30, 2000.