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

Accelrys to trim 15 of its work force

Posted: May 28th, 2011 | Author: | Filed under: By Location, USA | Tags: , | No Comments »

Accelrys, a San Diego maker of software for research labs, plans to lay off 10 to 15 workers as it streamlines one part of its business, according to a filing with federal regulators.

The layoffs come on top of the roughly 80 workers whose jobs were eliminated following the July 2010 merger with Symyx Technologies of Sunnyvale.

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Is recession behind spike in bank robberies?

Posted: January 6th, 2009 | Author: | Filed under: Recession News | Tags: , , , , | No Comments »

A rash of bank robberies in New York has the city’s police commissioner worried that criminals have turned banks into “virtual cash machines” and some wondering whether tough economic times are fueling the trend.

On Monday alone, robbers targeted five banks in the Big Apple, some striking in broad daylight and near famous landmarks.

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