New York Layoffs — January 2009

Employers in New York posted 62 WARN Act notices in January 2009, affecting an estimated 4,717 workers — reflecting a cooling compared to December and up 194% versus January 2008. The average filing covered 76 workers, with 47 closures among the notices.

62
Notices Filed
4,717
Workers Affected
76
Avg per Notice
47
Closures

Industry Breakdown

IndustryNoticesWorkers
Retail271,870
Manufacturing6801
Finance & Insurance8566
Information & Technology6398
Professional Services3351
Other6246
Healthcare1171
Admin & Support Services1157

The Retail sector saw the heaviest impact with 1,870 workers across 27 notices. On a related front, Manufacturing reported 801 workers.

Geographic Hotspots

CountyNoticesWorkers
New York151,318
Westchester6404
Dutchess2324
Queens3317
Onondaga1280

New York felt the sharpest impact, accounting for 28% of all affected workers with 1,318 workers across 15 notices.

CityNoticesWorkers
New York151,318
Syracuse1280
Hopewell Junction1274
Westbury2211
Brooklyn5207

Layoff Type Analysis

TypeNoticesWorkers
Closure473,648
Layoff151,069

The high proportion of closures (77% of affected workers) suggests structural shifts rather than temporary cutbacks in New York's labor market.

Largest Layoffs

CompanyCityWorkersTypeDate
Syracuse China Company a subsidiary of Libbey IncSyracuse280Closure2009-01-15
IBM - Hudson Valley Research ParkHopewell Junction274Layoff2009-01-28
Bank of AmericaNew York250Layoff2009-01-29
Virgin Entertainment GroupNew York204Closure2009-01-13
Precision Valve CorporationYonkers188Closure2009-01-26
Taylor Care Center in Westchester Medical CenterHawthorne171Closure2009-01-29
Shine Electronics Co., IncLong Island City157Layoff2009-01-13
TEVA Pharmaceuticals USACongers155Closure2009-01-29
Expo Design Centers (The Home Depot)Westbury138Closure2009-01-30
Morgan & Finnegan, LLPNew York133Closure2009-01-28
Circuit City Stores, IncNew York124Closure2009-01-21
Expo Design Centers (The Home Depot)New Rochelle122Closure2009-01-30
Bank of AmericaNew York121Layoff2009-01-09
King Kullen Grocery Co., IncStaten Island118Closure2009-01-22
NYSE Alternext USA LLCNew York106Layoff2009-01-13

The largest notice was filed by Syracuse China Company a subsidiary of Libbey Inc at its Syracuse facility, reporting 280 affected workers. IBM - Hudson Valley Research Park followed with 274 workers.

Trend & Outlook

The trends suggest a mixed picture for New York's labor market, with activity diverging between monthly and annual comparisons. The Retail 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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