Georgia Layoffs — May 2002

Employers in Georgia logged 9 WARN Act notices in May 2002, involving roughly 851 workers — falling below April and down 56% versus May 2001. The average filing covered 95 workers, with 0 closures among the notices.

9
Notices Filed
851
Workers Affected
95
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance1185

The Finance & Insurance sector dominated layoff filings with 185 workers across 1 notice.

Geographic Hotspots

CountyNoticesWorkers
Dekalb1185
Fulton2132
Laurens1120
Hall1116
Cobb1100

Dekalb saw the most concentrated activity, accounting for 22% of all affected workers with 185 workers across 1 notices.

CityNoticesWorkers
Atlanta4277
Tucker1185
Dublin1120
Gainesville1116
Eastman189

Layoff Type Analysis

Layoff type classification was not available for filings in Georgia this month.

Largest Layoffs

CompanyCityWorkersTypeDate
Bank Of America - Loan CenterTucker1852002-05-01
Victor Forstmann, IncDublin1202002-05-22
Borg-warnerGainesville1162002-05-28
SprintAtlanta1002002-05-21
EncompassEastman892002-05-13
Cintas CorporationAtlanta702002-05-23
Adc TelicommunicationsChickamauga642002-05-28
05ac Computers, IncAtlanta622002-05-13
Rockwell CollinsAtlanta452002-05-17

The biggest impact was at Bank Of America - Loan Center at its Tucker facility, reporting 185 affected workers. Victor Forstmann, Inc followed with 120 workers.

Trend & Outlook

This is the third consecutive month of declining layoff activity.

This data points to a easing in workforce disruptions across Georgia, with filings falling below both recent and year-ago levels. The Finance & Insurance sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by Georgia. The Worker Adjustment and Retraining Notification (WARN) Act requires employers with 100+ employees to provide 60-day advance notice of mass layoffs and plant closings. Data is updated daily by WARN Firehose. View all Georgia WARN notices, browse layoffs by state, or download the full dataset.

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