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

Toolmaker Stanley Black & Decker to close Tennessee distribution center, cut 80 jobs

Posted: August 31st, 2010 | Author: | Filed under: USA | Tags: , | No Comments »

Toolmaker Stanley Black & Decker Inc. will close its distribution center in Jackson, eliminating about 80 jobs.

Company spokesman Tim Perra said in a news release the center will be shut down by April 1, prompted by decreased demand. The earliest layoffs will come in October.

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University of Tennessee Health Science Center to cut 200 jobs

Posted: December 24th, 2008 | Author: | Filed under: By Location, USA | Tags: , | No Comments »

The University of Tennessee Health Science Center in Memphis plans to cut 200 jobs early next year, according to a state regulatory filing made public Monday.

A spokeswoman for the university blamed state budget reductions.

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