A slew of layoffs hitting banks gathered pace on Thursday, with thousands more job losses set to hit retail businesses and market divisions, as lenders fight off a limp economic recovery, trading woes and tougher regulation.
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The City of Oakridge is handing out layoff notices to a quarter of its workforce after finding evidence of missing money.
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Assembly Bill 114 was voted on Tuesday Night and it blocks school districts from laying of teachers in the upcoming fiscal year.
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Seventy San Jose police officers were ordered to turn in their guns and badges on Thursday as the city moves forward with layoffs during a year when the murder rate has spiked dramatically.
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