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

Nokia will lay off up to 6,000 next week

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

TechEye has heard that Nokia is going to fire up to 6,000 people as soon as next week.

An industry source tells us the lay-offs will mainly be in Nokia’s home country, Finland.


Rumor: MicroSoft Cutting Jobs

Posted: December 22nd, 2008 | Author: | Filed under: Recession News | Tags: | No Comments »

Has Microsoft struck by recession? Mini Microsoft Blog speculates M$ cutting at least 54 jobs from product groups and 10% of its fiance department. But these are all rumors, unless proven otherwise.

The D-Day is supposed to be January 15, so you can have your X-mas and new year’s eve in peace.