Virginia Layoffs — February 2012

Employers in Virginia recorded 14 WARN Act notices in February 2012, covering approximately 1,588 workers — marking a sharp increase from January and up 275% versus February 2011. The average filing covered 113 workers, with 5 closures among the notices.

14
Notices Filed
1,588
Workers Affected
113
Avg per Notice
5
Closures

Industry Breakdown

IndustryNoticesWorkers
Healthcare1210
Manufacturing1154

The Healthcare sector accounted for the largest share of job cuts with 210 workers across 1 notice. At the same time, Manufacturing reported 154 workers.

Geographic Hotspots

CountyNoticesWorkers
Botetourt2378
Fairfax2333
Norfolk City3207
Hampton City2189
Chesterfield1154

Botetourt bore the heaviest burden, accounting for 24% of all affected workers with 378 workers across 2 notices.

CityNoticesWorkers
Roanoke2378
Falls Church1210
Norfolk3207
Hampton2189
Richmond1154

Layoff Type Analysis

TypeNoticesWorkers
Layoff91,118
Closure5470

Closures accounted for 30% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Inova Health SystemFalls Church210Layoff2012-02-16
HanoverDirect IncRoanoke189Layoff2012-02-09
HanoverDirect, IncRoanoke189Layoff2012-02-09
Duro Duro Bag Manufacturing CompnayRichmond154Closure2012-02-21
SimosWilliamsburg135Layoff2012-02-24
ATK Mission Systems Group Space Division NASA Langley FacilityHampton124Layoff2012-02-23
LightSquardReston123Layoff2012-02-27
Sears Holdings Sears Roebuck & Co. Associate Service CenterNorfolk84Closure2012-02-15
Sears Holdings Sears, Roebuck, & Co. Associate Service CenterNorfolk84Closure2012-02-15
CCC Transporation LLCWest Point74Closure2012-02-03
CCC Transporation, LLCWest Point74Closure2012-02-03
Lockheed MartinHampton65Layoff2012-02-27
General Dynamics Land SystemsWoodbridge44Layoff2012-02-13
Virginia Port AuthorityNorfolk39Layoff2012-02-01

Leading the list was Inova Health System at its Falls Church facility, reporting 210 affected workers. HanoverDirect Inc followed with 189 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The filings reflect mounting pressure on the Virginia labor market, with activity running above both recent and year-ago benchmarks. The Healthcare sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by Virginia. 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 Virginia WARN notices, browse layoffs by state, or download the full dataset.

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