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.


Iowa Workforce Development cut 13 probationary workers due to reduced federal funding

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

Iowa Workforce Development cut 13 probationary workers due to reduced federal funding.

The agency expects a $5 million budget shortfall this fiscal year, Koonce said. The state plans to cut about 100 positions and close 37 unemployment field offices.


DNR eliminates more than 100 positions

Posted: May 13th, 2011 | Author: | Filed under: By Location, USA | Tags: , , | No Comments »

Iowa Department of Natural Resources director Roger Lande just informed staffers of a round of layoffs due to budget cuts.

Effective in July, the department will eliminate three positions in the Geological and Water Survey Bureau, and 13 contract positions at the University of Iowa. Another 39 vacant full-time positions, and 116 seasonal part-time positions, will remain unfilled.


School unions announce 12 staff cuts

Posted: April 19th, 2011 | Author: | Filed under: By Location, USA | Tags: , | No Comments »

Secondary schools in the Iowa City School District will cut the equivalent of 12 full-time positions.officials said this could result in larger class sizes and less-efficient operations.