Rhode Island Layoffs — April 2011
Employers in Rhode Island reported 2 WARN Act notices in April 2011, displacing an estimated 103 workers. The average filing covered 52 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 98 |
| Manufacturing | 1 | 5 |
The Finance & Insurance sector topped the list of affected industries with 98 workers across 1 notice. Notably, Manufacturing reported 5 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Providence | 1 | 98 |
| Kent | 1 | 5 |
Providence saw the most concentrated activity, accounting for 95% of all affected workers with 98 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Pawtucket | 1 | 98 |
| East Greenwich | 1 | 5 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 1 | 98 |
| Layoff | 1 | 5 |
The high proportion of closures (95% of affected workers) suggests structural shifts rather than temporary cutbacks in Rhode Island's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Bank of New York Mellon (BNY Mellon) | Pawtucket | 98 | Closure | |
| Stanley Black & Decker | East Greenwich | 5 | Layoff |
The most significant filing came from Bank of New York Mellon (BNY Mellon) at its Pawtucket facility, reporting 98 affected workers. Stanley Black & Decker followed with 5 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The numbers illustrate mounting pressure on the Rhode Island labor market, with activity running above both recent and year-ago benchmarks. The Finance & Insurance sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by Rhode Island. 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 Rhode Island WARN notices, browse layoffs by state, or download the full dataset.