California Economic Recovery? Another 500+ People Lose Jobs in Los Angeles

Obamanomics 2013Obamanomics –Image: Ken Gardener/Twitter

(KERO 23 ABC News/Bakersfield)  Live Nation Entertainment, Inc has announced the layoff’s of 500 more people in Southern California as it prepares to close Gibson Amphitheater at Universal City.

On the 17 August, I wrote here some 850 people in California were thrown out of work as Orchard Hardware Supply company announced that 17 of its stores were closing subsequent to its bankruptcy.

Earlier last month I wrote here that San Jose based Cisco System’s announced they would be laying off 4,000 employees or about 5% of its workforce in order to manage costs.

More here from California Political News

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