Approximately 1,000 Workers To Be Furloughed By Connecticut Based Business

The increasingly rocky economy has claimed more jobs. Connecticut-based Pitney Bowes is set to lay off about 1,000 employees across the U.S. between September and November. The layoffs follow the company’s sale of its global e-commerce business after years of financial struggles. Employees affected by the cuts will receive severance payments and outplacement services. Pitney Bowes’ recent downsizing marks the latest step in its ongoing restructuring efforts.