New York Layoffs — May 2008

Employers in New York posted 29 WARN Act notices in May 2008, affecting an estimated 2,085 workers — reflecting a cooling compared to April and down 9% versus May 2007. The average filing covered 72 workers, with 22 closures among the notices.

29
Notices Filed
2,085
Workers Affected
72
Avg per Notice
22
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance4609
Other4413
Education13396
Transportation2198
Manufacturing2177
Utilities1108
Healthcare2104
Retail180

The Finance & Insurance sector saw the heaviest impact with 609 workers across 4 notices. On a related front, Other reported 413 workers.

Geographic Hotspots

CountyNoticesWorkers
New York7724
Monroe14504
Niagara1187
Fulton1118
Orange1110

New York was the epicenter of layoff activity, accounting for 35% of all affected workers with 724 workers across 7 notices.

CityNoticesWorkers
New York6713
Rochester10385
Niagara Falls1187
Johnstown1118
Pine Bush1110

Layoff Type Analysis

TypeNoticesWorkers
Closure221,051
Layoff71,034

Closures accounted for 50% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Merrill LynchNew York500Layoff2008-05-02
TeleTech Niagara Falls SDCNiagara Falls187Layoff2008-05-15
Callaway Golf Ball Operations, IncJohnstown118Closure2008-05-29
First Student, IncPine Bush110Layoff2008-05-06
Rochester Gas & Electric (RG&E) Russell StationRochester108Closure2008-05-20
Manpower Inc. (IBM)Poughkeepsie100Layoff2008-05-06
L.B. Furniture Industries LLCHudson99Closure2008-05-20
EmblemHealth Services Company LLC (Medicare Part B Operation)New York93Closure2008-05-21
Capital Group Partners, Inc. dba Rapid Solutions GroupMelville85Layoff2008-05-08
Penguin Supermarkets, Inc. (Key Food)Brooklyn80Closure2008-05-01
Portola Packaging, IncClifton Park78Closure2008-05-22
UniCredit Banca di RomaNew York57Closure2008-05-21
XL Financial Administrative Services, IncNew York52Layoff2008-05-02
Holy Family-Diocese of RochesterRochester42Closure2008-05-01
St. Andrew-Diocese of RochesterRochester39Closure2008-05-01

The largest notice was filed by Merrill Lynch at its New York facility, reporting 500 affected workers. TeleTech Niagara Falls SDC followed with 187 workers.

Trend & Outlook

The trends suggest a easing in workforce disruptions across New York, with filings falling below both recent and year-ago levels. 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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