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

You know its Recession when Silicon Valley shuts down for Christmas

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

Workers at some of Silicon Valley’s biggest companies will find themselves spending an uncommonly long time with their families this Christmas as the technology industry responds to the downturn with office and factory closures and enforced holidays.