Employers in New York submitted 14 WARN Act notices in May 2007, putting at risk an estimated 2,297 workers — up substantially from April. The average filing covered 164 workers, with 9 closures among the notices.
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 2 | 1,115 |
| Manufacturing | 7 | 488 |
| Arts & Entertainment | 1 | 236 |
| Other | 3 | 235 |
| Healthcare | 1 | 223 |
The Finance & Insurance sector emerged as the hardest-hit sector with 1,115 workers across 2 notices. Separately, Manufacturing reported 488 workers.
| County | Notices | Workers |
|---|---|---|
| New York | 4 | 1,345 |
| Nassau | 1 | 236 |
| Suffolk | 1 | 223 |
| Westchester | 2 | 139 |
| Onondaga | 1 | 105 |
New York was the epicenter of layoff activity, accounting for 59% of all affected workers with 1,345 workers across 4 notices.
| City | Notices | Workers |
|---|---|---|
| New York | 4 | 1,345 |
| Garden City | 1 | 236 |
| Amityville | 1 | 223 |
| Syracuse | 1 | 105 |
| Bedford | 1 | 97 |
| Type | Notices | Workers |
|---|---|---|
| Layoff | 5 | 1,542 |
| Closure | 9 | 755 |
Closures accounted for 33% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Citigroup Inc. (family of companies) | New York | 1,073 | Layoff | 2007-05-04 |
| Bookspan | Garden City | 236 | Layoff | 2007-05-24 |
| Brunswick Hospital Center's Nursing Home & PMR Building | Amityville | 223 | Closure | 2007-05-04 |
| Community Premier Plus | New York | 114 | Closure | 2007-05-15 |
| New York Periodicals Distributors, Inc | Syracuse | 105 | Closure | 2007-05-01 |
| Baumann & Sons Buses, Inc | Bedford | 97 | Layoff | 2007-05-01 |
| McNaughton Apparel Group, Inc. (wholly owned subsidiary of Jones Apparel Group, Inc.) | New York | 86 | Layoff | 2007-05-04 |
| Thermo Fisher Scientific | East Greenbush | 79 | Closure | 2007-05-03 |
| Moore Wallace Albany an RR Donnelley Company | Albany | 74 | Closure | 2007-05-21 |
| Arcelor International America, LLC | New York | 72 | Closure | 2007-05-04 |
| Faradyne Motors LLC | Newark | 50 | Layoff | 2007-05-16 |
| Columbia Home Loans, LLC (CHL) (Subsidiary of Ocean First Bank) | Valhalla | 42 | Closure | 2007-05-21 |
| Community Premier Plus | Bronx | 24 | Closure | 2007-05-15 |
| New York Periodicals Distributors, Inc | Potsdam | 22 | Closure | 2007-05-01 |
Topping the list was Citigroup Inc. (family of companies) at its New York facility, reporting 1,073 affected workers. Bookspan followed with 236 workers.
After a dip last month, layoff activity has ticked back up.
These figures highlight 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.
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