New York Layoffs — February 2007
Employers in New York recorded 15 WARN Act notices in February 2007, covering approximately 1,827 workers — marking a sharp increase from January. The average filing covered 122 workers, with 13 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 2 | 330 |
| Accommodation & Food | 1 | 120 |
| Transportation | 1 | 58 |
The Finance & Insurance sector accounted for the largest share of job cuts with 330 workers across 2 notices. At the same time, Accommodation & Food reported 120 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Westchester | 2 | 504 |
| New York | 4 | 444 |
| Monroe | 2 | 212 |
| Bronx | 1 | 169 |
| Ontario | 1 | 169 |
Westchester was the epicenter of layoff activity, accounting for 28% of all affected workers with 504 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| New York | 3 | 354 |
| Harrison | 1 | 292 |
| Port Chester | 1 | 212 |
| Rochester | 2 | 212 |
| Bronx | 1 | 169 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 13 | 1,497 |
| Layoff | 2 | 330 |
The high proportion of closures (82% of affected workers) suggests structural shifts rather than temporary cutbacks in New York's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| The Bank of New York (BNY) | Harrison | 292 | Layoff | |
| Eber Bros. Wine & Liquor | Port Chester | 212 | Closure | |
| Rose Associates Town & Village | New York | 196 | Closure | |
| Princeton Laundry | Bronx | 169 | Closure | |
| Eaton | Phelps | 169 | Closure | |
| Eber Bros. Wine & Liquor | Rochester | 138 | Closure | |
| La Cite Associates, LLC, a wholly owned subsidiary of The Smith & Wollensky Restaurant Group | New York | 120 | Closure | |
| Eber Bros. Wine & Liquor | Guilderland Center | 101 | Closure | |
| Pfizer | Brooklyn | 90 | Closure | |
| Del Laboratories | Canajoharie | 80 | Closure | |
| Cohoes Fashions | Rochester | 74 | Closure | |
| Quality Jamestown Warehouse, a division of Penn Traffic | Jamestown | 58 | Closure | |
| Eber Bros. Wine & Liquor | Liverpool | 48 | Closure | |
| Eber Bros. Wine & Liquor | Amherst | 42 | Closure | |
| Bank of America Specialist Organization | New York | 38 | Layoff |
Leading the list was The Bank of New York (BNY) at its Harrison facility, reporting 292 affected workers. Eber Bros. Wine & Liquor followed with 212 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The filings reflect mounting pressure on the New York labor market, with activity running above both recent and year-ago benchmarks. The Finance & Insurance 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.