North Carolina Layoffs — April 2012

Employers in North Carolina filed 5 WARN Act notices in April 2012, impacting roughly 487 workers — representing a pullback from March. The average filing covered 97 workers, with 2 closures among the notices.

5
Notices Filed
487
Workers Affected
97
Avg per Notice
2
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance180

The Finance & Insurance sector led the way in workforce reductions with 80 workers across 1 notice.

Geographic Hotspots

CountyNoticesWorkers
Onslow1263
Mecklenburg180
Forsyth165
Wake145
Cabarrus134

Onslow bore the heaviest burden, accounting for 54% of all affected workers with 263 workers across 1 notices.

Layoff Type Analysis

TypeNoticesWorkers
Layoff3408
Closure279

Closures accounted for 16% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
ServiceSource263Layoff2012-04-02
Bank of America80Layoff2012-04-11
Targacept Inc65Layoff2012-04-27
Millennnium Laboratory Corporation45Closure2012-04-09
Veolia Transportation34Closure2012-04-23

The single largest action involved ServiceSource at its North Carolina facility, reporting 263 affected workers. Bank of America followed with 80 workers.

Trend & Outlook

The data underscores a mixed picture for North Carolina's labor market, with activity diverging between monthly and annual comparisons. The Finance & Insurance sector warrants close attention heading into the next period.

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.

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