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

Teleperformance to lay off 1,223 in Florida

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

Call center company Teleperformance ASD has filed notice with the state that it will lay off 860 in Boca Raton and 363 in Orlando.

The layoffs are effective May 31. The breakdown of positions was:

* Nine assistant call managers
* 71 supervisors
* 24 trainers
* 9 quality analysts
* 747 customer service representatives


Wildwood City Commission cuts 44 jobs

Posted: March 28th, 2011 | Author: | Filed under: By Location, USA | Tags: , , | No Comments »

The City Commission introduced a $23 million budget this week with a tax levy $2 million less than last year’s.
The budget reflects $1.1 million less in salaries and benefits to police officers, $40,000 less to lifeguards and $173,000 less to firefighters.


Debt settlement firm to lay off 112 workers

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

GHS Solutions, a debt management company in Delray Beach, gave notice to Florida that it plans to lay off 112 employees by May 17. GHS, which also goes under the name of Full Circle Debt Relief, could not be reached Friday about the layoffs.


Florida based BankAtlantic cuts 100 jobs

Posted: July 25th, 2010 | Author: | Filed under: USA | Tags: , | No Comments »

Fort Lauderdale-based BankAtlantic cut 100 people from its workforce of roughly 1,600, citing uncertainty over the economy and the impact of the new financial overhaul law.

Bank President Jarett S. Levan said BankAtlantic remains “well-capitalized” in regulatory terms. Management took the action to be conservative while Florida’s economy lags other areas of the country, he said.


Banks in Florida, Maryland and Utah closing as Mortgage losses mount

Posted: February 1st, 2009 | Author: | Filed under: Recession News | Tags: , , , | No Comments »

Banks in Florida, Maryland and Utah were closed Friday as regulators wrapped up the busiest month for failures since the housing slump began in 2006.