New York Layoffs — December 2007
Employers in New York posted 23 WARN Act notices in December 2007, affecting an estimated 2,399 workers — reflecting a cooling compared to November and up 153% versus December 2006. The average filing covered 104 workers, with 12 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Information & Technology | 3 | 895 |
| Finance & Insurance | 5 | 502 |
| Transportation | 2 | 234 |
| Manufacturing | 1 | 171 |
| Wholesale Trade | 1 | 118 |
| Retail | 2 | 100 |
| Professional Services | 5 | 19 |
The Information & Technology sector saw the heaviest impact with 895 workers across 3 notices. On a related front, Finance & Insurance reported 502 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| New York | 8 | 955 |
| Queens | 4 | 738 |
| Nassau | 3 | 384 |
| Onondaga | 1 | 124 |
| Erie | 2 | 120 |
New York saw the most concentrated activity, accounting for 40% of all affected workers with 955 workers across 8 notices.
| City | Notices | Workers |
|---|---|---|
| New York | 6 | 900 |
| Jamaica | 2 | 515 |
| Woodbury | 1 | 191 |
| Long Island City | 1 | 171 |
| Syracuse | 1 | 124 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 11 | 1,277 |
| Closure | 12 | 1,122 |
Closures accounted for 47% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| NBC Universal | New York | 489 | Layoff | |
| Servisair | Jamaica | 405 | Layoff | |
| Delta Funding | Woodbury | 191 | Layoff | |
| Interboro Institute, Inc. (Main Campus) | New York | 191 | Closure | |
| Standard Motor Products, Inc. (SMP) | Long Island City | 171 | Closure | |
| Southern Wine & Spirits of Upstate New York (inVision division) | Syracuse | 124 | Closure | |
| Southern Wine & Spirits of New York (inVision division) | Syosset | 118 | Closure | |
| Great Lakes Bancorp, Inc. (to be acquired by First Niagara Financial Group, Inc.) | Buffalo | 117 | Layoff | |
| MAXjet Airways | Jamaica | 110 | Closure | |
| Washington Mutual | Lake Success | 75 | Closure | |
| Stoffel Seals | Nyack | 66 | Closure | |
| Washington Mutual | New York | 64 | Closure | |
| Wachovia | New York | 55 | Layoff | |
| Interboro Institute, Inc. (Flushing Campus) | Flushing | 52 | Closure | |
| Interboro Institute, Inc. (Washington Heights Campus) | New York | 51 | Closure |
The largest notice was filed by NBC Universal at its New York facility, reporting 489 affected workers. Servisair followed with 405 workers.
Trend & Outlook
The trends suggest a mixed picture for New York's labor market, with activity diverging between monthly and annual comparisons. The Information & Technology 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.