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

Medicaid cuts prompt Valley Baptist to lay off 44 workers

Posted: July 23rd, 2011 | Author: | Filed under: By Location, USA | Tags: , | No Comments »

Cuts to the state’s Medicaid program have prompted Valley Baptist Medical Center to lay off 44 workers.

The Harlingen-based hospital system reported the layoffs in a statement issued Thursday.

In the statement, President & CEO James Eastham said Medicaid inpatient reimbursements have been reduced for all Texas hospitals.


Orange Co. Mayor Proposes Budget Cuts, 27 Layoffs

Posted: July 6th, 2011 | Author: | Filed under: By Location, USA | Tags: , | No Comments »

Orange County Mayor Teresa Jacobs submitted her first budget as mayor and proposed a $3.2 billion budget, which is 5 percent less than this year’s budget.

The budget suggests eliminating 60 positions, which would mean as many as 27 people could be laid off. The last time Orange County laid off an employee was in 2007.


Santa Barbara County braces for 130 layoffs

Posted: May 18th, 2011 | Author: | Filed under: By Location, USA | Tags: , | No Comments »

To close a $72 million budget gap for the next fiscal year, the county is considering eliminating 289 positions, approximately 130 of which are filled.

County Chief Executive Officer Chandra Wallar said the layoffs are coming from every department. However these numbers are determined by the department heads and won’t be final until the supervisors start the budget hearings in June


Fontana school board authorizes layoffs for 129 teachers, counselors

Posted: May 12th, 2011 | Author: | Filed under: By Location, USA | Tags: , | No Comments »

By a 3-1 vote, the school board late Tuesday night approved sending final layoff notices to 129 educators and counselors, a move board members said was necessary to keep the school district solvent.


OCEANSIDE: Layoff notices go to 31 city workers

Posted: May 11th, 2011 | Author: | Filed under: By Location, USA | Tags: , | No Comments »

Layoff notices went out Monday to 31 city workers in Oceanside as city officials struggle to cope with a projected $3.6 million budget deficit for the coming fiscal year.

The layoffs will hit most city departments except public safety, with libraries, public works, neighborhood services, financial services, human resources and the city manager’s office among those affected


11 Employees Let Go By Novato Unified School District

Posted: April 21st, 2011 | Author: | Filed under: By Location, USA | Tags: , | No Comments »

Eleven employees were laid off by the Novato Unified School District on Tuesday in a move clearly blamed on the ongoing fiscal mess in Sacramento.


Hercules lays off 25 employees in first round of cuts

Posted: April 18th, 2011 | Author: | Filed under: By Location, USA | Tags: , | No Comments »

Hercules on Friday issued pink slips to 25 employees in a first round of layoffs that officials say eventually could involve as much as 40 percent of the city’s workforce.

Interim City Manager Fred Deltorchio announced the issuance of the layoff notices in his weekly city manager’s report. The list of affected positions will be published in next week’s city manager’s report, he said.


PUSD Approves 24 Staff Cuts

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

The Pleasanton Unified School District now has the authorization to layoff 24 full-time-equivalent classified positions.

The approval came with a 5-0 vote at Tuesday night’s board of trustees meeting.

Each position affected was funded by categorical funds, one-time donations or Individual Education Plan (IEP) claims, which are for students in special-education programs.


SVMH announces 200 layoffs

Posted: April 16th, 2011 | Author: | Filed under: By Location, USA | Tags: , , | No Comments »

For the second time in less than four months, Salinas Valley Memorial Hospital, one of the area’s largest employers, announced layoffs.

Dropping revenues could cost 200 workers their jobs, officials said. The hospital’s largest union fired back at the news, claiming the hospital was merely crying poor and pointing to the pay of its CEO, one of the highest compensated public hospital officials in the state.