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: April 6th, 2011 | Author: Saddam Hussain | Filed under: By Location, USA | Tags: Florida, Teleperformance
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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
Posted: March 28th, 2011 | Author: Saddam Hussain | Filed under: By Location, USA | Tags: Florida, Wildwood City, Wildwood City Commission
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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.
Posted: March 21st, 2011 | Author: Saddam Hussain | Filed under: By Location, USA | Tags: Florida, GHS solution
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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.
Posted: July 25th, 2010 | Author: dubaidude | Filed under: USA | Tags: BankAtlantic, Florida
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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.
Posted: February 1st, 2009 | Author: dubaidude | Filed under: Recession News | Tags: Florida, Maryland, Mortgage, Utah
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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.
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