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

NASA Layoffs Hit 2,000 Workers Day After Atlantic Landing, Shuttle Program Ends

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

n estimated 2,000 NASA workers were laid off one day after space shuttle Atlantis landed ending the program.

The news was expected, but will devastate the Space Coast economy, from housing to employment. It’s an region where the space industry is connected to all parts; the area code here is 3-2-1, a nod to the famous countdown clock.


Ala. NASA center cutting up to 300 jobs

Posted: April 9th, 2011 | Author: | Filed under: By Location, USA | Tags: , | No Comments »

NASA is eliminating as many as 300 contractor jobs at its Marshall Space Flight Center in Huntsville.

Center spokesman Dominic Amatore told The Huntsville Times on Wednesday that a combination of factors led to the layoffs. He cites the lack of a federal budget for this year, continued funding by stop-gap measures and cuts in this year’s budget including nearly $300 million removed from the line-item that funds general operations at all of NASA’s centers.


NASA’s Jet Propulsion Laboratory expects 250 job cuts

Posted: February 27th, 2011 | Author: | Filed under: By Location, USA | Tags: | No Comments »

La Cañada Flintridge braced for the fallout of what could be 250 layoffs at NASA’s Jet Propulsion Laboratory, brought on by tighter federal spending.

The workers most likely to be affected are those associated with scientific projects that have been delayed due to budget concerns, and those who are part of missions nearing their end and no longer need staffing levels as large as previous years.