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

Archer Daniels Midland Co cuts 335 jobs

Posted: February 22nd, 2012 | Author: | Filed under: By Location, USA | Tags: , , , | No Comments »

Archer Daniels Midland Co. (ADM) said it has cut 335 jobs in Decatur, Illinois.

Out Of the 335 jobs cut in Decatur, where ADM is headquartered, 160 employees accepted an early retirement package, while 175 were laid off.


Sears laid off 100 workers from Chicago

Posted: February 20th, 2012 | Author: | Filed under: By Location, USA | Tags: , , | No Comments »

Sears laid off 100 workers at its headquarters outside of Chicago, two months after the company got a hefty tax credit for dropping a threat to move its headquarters out of state.

Sears Holding Corp. spokesman Chris Brathwaite said the layoffs of “about 100 associates” at the company’s headquarters in Hoffman Estates took effect immediately.


Quincy school district cuts 31 jobs

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

The school district in the western Illinois city of Quincy says plans to cut 31 jobs could save as much as $1.8 million.

The Quincy Herald-Whig reports that the moves made by the school board Wednesday night will affect 24 full-time employees.