29 May 2012

• Still Another Connecticut Employer Closing…in Danbury This Time


The Connecticut Department of Labor says that RR Donnelley in Danbury will lay off 153 workers effective 7/22/12 at which time it is closing.

The company says about itself, "A Fortune 500 company with locations around the world, RR Donnelley produces printed and digital communications."

In a recent news release the employer said: "R.R. Donnelley & Sons Company (Nasdaq:RRD) today reported first-quarter net earnings attributable to common shareholders of $37.4 million, or $0.21 per diluted share, on net sales of $2.5 billion compared to net earnings of $33.9 million, or $0.16 per diluted share, on net sales of $2.6 billion in the first quarter of 2011."

Some of the employees being laid off are represented by the Teamsters union [IBT].

Source: CTDOL


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