Stanley - December 2008 and April 2009

Economists say The Stanley Works' plans to eliminate 2,000 jobs companywide is yet another sign of more bad times to come for Connecticut, as it catches up to the massive job losses being announced nationwide. Stanley officials have not said how the company's plans announced will affect its 1,300 employees in Connecticut. Just months after eliminating 2,000 jobs worldwide, New Britain-based Stanley Works announced plans Friday, April 24 to cut another 550 jobs by mid-year.
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