After Layoffs, Starting a Business from Scratch

Sara Clemence (center) launched Recessionwire with Laura Rich (right) and Lynn Parramore a few months after getting laid off. JON WHITNEY

They're casualties of the recession: the millions of workers laid off as employers slash payrolls. With few companies hiring, a number—no data exists on what percentage—of the newly downsized have decided to start their own ventures instead of looking for work in an economy shedding hundreds of thousands of jobs each month. We reached out to dozens of "rebounders" across America, in industries from manufacturing to media, finance to health care, to see how they're turning their business ideas into reality. You can check them out in this slide show.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.