New York Layoffs — August 2006

Employers in New York filed 26 WARN Act notices in August 2006, impacting roughly 1,087 workers — representing a notable rise over July. The average filing covered 42 workers, with 9 closures among the notices.

26
Notices Filed
1,087
Workers Affected
42
Avg per Notice
9
Closures

Industry Breakdown

IndustryNoticesWorkers
Retail5319
Finance & Insurance1223
Manufacturing3187
Admin & Support Services11166
Other5150
Information & Technology142

The Retail sector led the way in workforce reductions with 319 workers across 5 notices. In a parallel development, Finance & Insurance reported 223 workers.

Geographic Hotspots

CountyNoticesWorkers
New York6346
Orange2140
Nassau3130
Erie396
Monroe175

New York bore the heaviest burden, accounting for 32% of all affected workers with 346 workers across 6 notices.

CityNoticesWorkers
New York6346
Middletown180
West Henrietta175
Corfu174
Victor169

Layoff Type Analysis

TypeNoticesWorkers
Layoff17691
Closure9396

Closures accounted for 36% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Credit Suisse Asset Management LLC (CSAM)New York223Layoff2006-08-03
Omnicare, IncMiddletown80Closure2006-08-10
Scottsville Travel PlazaWest Henrietta75Layoff2006-08-02
Pembroke Travel PlazaCorfu74Layoff2006-08-02
Seneca Travel PlazaVictor69Layoff2006-08-02
X-Rite, dba GretagMacBeth LLCNew Windsor60Closure2006-08-01
J. C. Penney Corporation, Inc. (Store #1718)New Hyde Park L.I59Closure2006-08-21
Forest Laboratories, IncInwood58Closure2006-08-02
Markar Architectural Products, IncLancaster49Closure2006-08-03
Mcp-AvNew York42Layoff2006-08-01
Clarence Travel Plaza (HMSHost)Clarence42Layoff2006-08-02
New York Board of Fire Underwriters Fire Patrol HouseBrooklyn32Closure2006-08-10
New York Board of Fire Underwriters Fire Patrol HouseNew York29Closure2006-08-10
Northrop Grumman (EMSC) - USCIS ASC Brooklyn Application Support CenterBrooklyn28Layoff2006-08-02
New York Board of Fire Underwriters Fire Patrol HouseNew York27Closure2006-08-10

The single largest action involved Credit Suisse Asset Management LLC (CSAM) at its New York facility, reporting 223 affected workers. Omnicare, Inc followed with 80 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The data underscores mounting pressure on the New York labor market, with activity running above both recent and year-ago benchmarks. The Retail sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by New York. 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 New York WARN notices, browse layoffs by state, or download the full dataset.

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