Daily Recession covers the world as it goes into recession. The financial crisis, stock market crash, bankruptcies, job cuts, and the turmoil that follows.

Bank of America to cut 59 jobs in Fort Lauderdale

Posted: July 26th, 2011 | Author: | Filed under: By Location, USA | Tags: , | No Comments »

Bank of America filed notice with Florida that it intends to lay off 59 employees in Fort Lauderdale.

The layoffs will take place at the bank’s office at 1425 N.W. 62nd St. (Cypress Creek Road) from Nov. 1 through Jan. 31.


Bank of America notifies Connecticut it will lay off 107 workers beginning in August

Posted: July 8th, 2011 | Author: | Filed under: By Location, USA | Tags: | No Comments »

Bank of America has informed Connecticut officials it will be laying off more than 100 workers in Hartford and East Hartford.

Spokeswoman Nicole Nastacie said that Bank of America is eliminating 56 positions at its Hartford Cash Vault site, transferring the work to Dedham, Mass., and Schenectady, NY.


Bank of America lays off 128

Posted: April 17th, 2011 | Author: | Filed under: By Location, USA | Tags: , | No Comments »

In the latest round of downsizing for the incredible shrinking home-loan business, 1,500 Bank of America Corp. loan processors and underwriters will lose their jobs.

The Charlotte, N.C., bank is closing half of its 200 small loan fulfillment centers across the country, including 27 in California, where 128 employees have been notified of layoffs, spokesman Dan Frahm said Thursday.


Bank of America cutting 100 jobs in consumer banking

Posted: March 17th, 2011 | Author: | Filed under: By Location, USA | Tags: , | No Comments »

Bank of America will cut a “small number” of jobs in its consumer and small business banking unit, a spokeswoman confirms. About 100 people will be impacted out of 90,000 people working in consumer banking.