North Carolina Layoffs — March 2012

Employers in North Carolina posted 8 WARN Act notices in March 2012, affecting an estimated 1,757 workers — reflecting a significant uptick compared to February. The average filing covered 220 workers, with 2 closures among the notices.

Industry Breakdown

Industry classification was not available for filings in North Carolina this month. A total of 1,757 workers were affected across 8 notices.

Geographic Hotspots

County	Notices	Workers
Guilford	2	967
Cumberland	1	212
Cleveland	1	162
Wake	1	140
Orange	1	123

Guilford saw the most concentrated activity, accounting for 55% of all affected workers with 967 workers across 2 notices.

Layoff Type Analysis

Type	Notices	Workers
Layoff	6	910
Closure	2	847

Closures accounted for 48% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

Company	City	Workers	Type	Date
NCO Customer Management, Inc		685	Closure	2012-03-02
kgb USA Inc		282	Layoff	2012-03-06
ITT Exelis		212	Layoff	2012-03-26
RockTenn		162	Closure	2012-03-07
Capitol Broadband Management		140	Layoff	2012-03-12
Principle Long Term Care Inc		123	Layoff	2012-03-29
Commercial Vehicle Group		93	Layoff	2012-03-02
Invista S.a.r.l		60	Layoff	2012-03-01

The largest notice was filed by NCO Customer Management, Inc at its North Carolina facility, reporting 685 affected workers. kgb USA Inc followed with 282 workers.

Trend & Outlook

After a dip last month, layoff activity has ticked back up.

The trends suggest mounting pressure on the North Carolina labor market, with activity running above both recent and year-ago benchmarks.

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