Daily Recession covers the world as it goes into recession. The financial crisis, stock market crash, bankruptcies, job cuts, and the turmoil that follows.
Posted: June 4th, 2011 | Author: Saddam Hussain | Filed under: By Location, USA | Tags: San Antonio, UT Health Science Center
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The layoffs started Wednesday with nine information technology jobs eliminated.
According to Dr. William Henrich, president of the UT Health Science Center in San Antonio, 50 to 60 jobs will be eliminated with around 90 potential positions not being filled. In all, Henrich estimates a loss of around 150 jobs.
Posted: June 4th, 2011 | Author: Saddam Hussain | Filed under: By Location, USA | Tags: BCC, Brevard Community College, Florida
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Brevard Community College eliminated 29 positions, including a provost, this week to save the college more than $1.74 million.
Twelve of the positions, including the provost of the Titusville campus at a total salary of $131,905, were already vacant.
Posted: June 3rd, 2011 | Author: Saddam Hussain | Filed under: By Location, USA | Tags: Allentown, Allentown school district
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More than 200 teachers are facing layoffs in the Allentown school district.
School officials distributed layoff notices to 265 teachers . That’s about 18 percent of the district’s teaching staff and more than the school board approved three months ago.
Posted: June 3rd, 2011 | Author: Saddam Hussain | Filed under: By Location, UK | Tags: Bristol, College of Law, Manchester
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The College of Law has confirmed that it has launched a redundancy review, with 20 full-time roles at risk of being cut.
The college began the consultation last week, with the cuts set to affect tutor staff members. The redundancies come on the back of a staffing review which found that some of the college’s eight centres were overstaffed, with others understaffed.
Posted: June 3rd, 2011 | Author: Saddam Hussain | Filed under: By Location, USA | Tags: New York, Stamford, Stamford school district
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The city school district laid off 12 classroom teachers, in what the teachers’ union president said is the biggest round of layoffs in decades.
In 1982, the Board of Education’s budget was cut by $3.4 million, forcing the board to close Rippowam High School.
Posted: June 3rd, 2011 | Author: Saddam Hussain | Filed under: By Location, USA | Tags: Caddo Parish school
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163 Caddo Parish school employees find out they’re losing their jobs. The school board approved the staff reductions at Tuesday night’s meeting. The layoffs will impact clerical, maintenance and some central office employees.
The reduction in force was made in part to help Caddo schools offset a $15.9 million budget deficit. Superintendent Dr. Gerald Dawkins expects the board to vote on the final budget June 21st.
Posted: June 2nd, 2011 | Author: Saddam Hussain | Filed under: By Location, USA | Tags: InsWeb, Potrero Media subsidiar
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InsWeb Corp., the local online insurance comparison provider, has laid off 11 workers, or 13 percent of its staff.
InsWeb (Nasdaq: INSW) reported that it was shrinking its workforce after integrating InsWeb and its Potrero Media subsidiary into a single entity.
Posted: June 2nd, 2011 | Author: Saddam Hussain | Filed under: By Location, USA | Tags: Harrisburg, Harrisburg School District
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Harrisburg School District officials are making plans to lay off 226 employees and close four school buildings in the coming school year.
The Patriot-News of Harrisburg reported that the cuts proposed Tuesday are needed to balance the district’s 2011-12 budget, but Superintendent Sybil Knight-Burney said another $8 million in spending cuts could be necessary.
Posted: June 2nd, 2011 | Author: Saddam Hussain | Filed under: Recession News, USA | Tags: Ludington, Ludington school board
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Ludington Area Schools has less money to educate children than it did nine years ago so the school board may lay off teachers and put more students in each classroom to solve the problem for the next school year.
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