New York Layoffs — June 2007

Employers in New York reported 9 WARN Act notices in June 2007, displacing an estimated 2,626 workers — signaling an acceleration from May. The average filing covered 292 workers, with 8 closures among the notices.

9
Notices Filed
2,626
Workers Affected
292
Avg per Notice
8
Closures

Industry Breakdown

IndustryNoticesWorkers
Healthcare41,781
Other3366
Professional Services1295
Information & Technology1184

The Healthcare sector topped the list of affected industries with 1,781 workers across 4 notices. Notably, Other reported 366 workers.

Geographic Hotspots

CountyNoticesWorkers
New York62,239
Westchester1184
Queens1149
Nassau154

New York felt the sharpest impact, accounting for 85% of all affected workers with 2,239 workers across 6 notices.

CityNoticesWorkers
New York62,239
Rye1184
Jamaica1149
Hempstead154

Layoff Type Analysis

TypeNoticesWorkers
Closure82,477
Layoff1149

The high proportion of closures (94% of affected workers) suggests structural shifts rather than temporary cutbacks in New York's labor market.

Largest Layoffs

CompanyCityWorkersTypeDate
Cabrini Medical CenterNew York889Closure2007-06-28
St. Vincent's Midtown HospitalNew York700Closure2007-06-12
Prudential Financial, Inc. - Prudential Equity Group (PEG)New York295Closure2007-06-07
Mobius Management Systems, IncRye184Closure2007-06-18
Swissport Cargo Services and LufthansaJamaica149Layoff2007-06-06
Becker-Parkin Dental Supply Company, IncNew York138Closure2007-06-11
SONY BMG StudiosNew York137Closure2007-06-14
Dillon Read Capital Management LLCNew York80Closure2007-06-25
Becker-Parkin Dental Supply Company, IncHempstead54Closure2007-06-11

The most significant filing came from Cabrini Medical Center at its New York facility, reporting 889 affected workers. St. Vincent's Midtown Hospital followed with 700 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The numbers illustrate mounting pressure on the New York labor market, with activity running above both recent and year-ago benchmarks. The Healthcare 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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