New York Layoffs — March 2008
Employers in New York logged 9 WARN Act notices in March 2008, involving roughly 1,303 workers — climbing above February and down 59% versus March 2007. The average filing covered 145 workers, with 5 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 2 | 652 |
| Arts & Entertainment | 1 | 303 |
| Healthcare | 2 | 167 |
| Information & Technology | 1 | 56 |
| Wholesale Trade | 1 | 51 |
| Accommodation & Food | 1 | 6 |
The Finance & Insurance sector dominated layoff filings with 652 workers across 2 notices. Meanwhile, Arts & Entertainment reported 303 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| New York | 2 | 652 |
| Nassau | 2 | 410 |
| Franklin | 1 | 68 |
| Orange | 1 | 60 |
| Dutchess | 1 | 56 |
New York saw the most concentrated activity, accounting for 50% of all affected workers with 652 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| New York | 2 | 652 |
| Uniondale | 1 | 303 |
| Lake Success | 1 | 107 |
| Tupper Lake | 1 | 68 |
| Montgomery | 1 | 60 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 4 | 763 |
| Closure | 5 | 540 |
Closures accounted for 41% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Lehman Brothers | New York | 600 | Layoff | |
| Harry M. Stevens, LLC doing business as ARAMARK Sports and Entertainment | Uniondale | 303 | Closure | |
| TLC Health Care Services, Inc. (being purchased by Amedisys) | Lake Success | 107 | Closure | |
| Jarden Plastic Solutions | Tupper Lake | 68 | Closure | |
| Cardinal Health 200, Inc., a wholly owned subsidiary of Cardinal Health, Inc. (together Cardinal Health) | Montgomery | 60 | Layoff | |
| Westech Building Products | Holmes | 56 | Closure | |
| XL Financial Administrative Services | New York | 52 | Layoff | |
| Henkel | Olean | 51 | Layoff | |
| ARAMARK Management Services Limited Partnership | Harrison | 6 | Closure |
The biggest impact was at Lehman Brothers at its New York facility, reporting 600 affected workers. Harry M. Stevens, LLC doing business as ARAMARK Sports and Entertainment followed with 303 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
This data points to a mixed picture for New York's labor market, with activity diverging between monthly and annual comparisons. 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.