1. Construction

Hubbell announces lay offs

Dec. 19, 2006
Hubbell will be laying off 1,000 employees in response to decreased demand for its electrical, lighting, and telecommunications equipment. Company reports decrease in sales.

Orange, Conn.-based Hubbell will be laying off 1,000 employees in response to decreased demand for its electrical, lighting, and telecommunications equipment. Sales will fall about $40 million short of the company's previous forecast of $2.39 billion for 2006.

Hubbell has more than 11,000 employees in 42 plants and 16 warehouses worldwide, including about 4,700 in the United States.

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