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Virginia Layoffs — June 2012

Employers in Virginia reported 6 WARN Act notices in June 2012, displacing an estimated 967 workers — signaling an acceleration from May and up 186% versus June 2011. The average filing covered 161 workers, with 1 closure among the notices.

6
Notices Filed
967
Workers Affected
161
Avg per Notice
1
Closures

Industry Breakdown

Industry breakdown for Virginia
IndustryNoticesWorkers
Manufacturing2615
Professional Services1185
Information & Technology190
Retail159

The Manufacturing sector topped the list of affected industries with 615 workers across 2 notices. Notably, Professional Services reported 185 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Radford1614
Fairfax2275
Colonial Heights City159
Norfolk City118
Powhatan11

Radford absorbed the greatest share of layoffs, accounting for 63% of all affected workers with 614 workers across 1 notices.

Top cities by layoff notices
CityNoticesWorkers
Radford1614
Ft. Belvoir1185
McLean190
Colonial Heights159
Norfolk118

Layoff Type Analysis

Layoff types breakdown
TypeNoticesWorkers
Layoff5908
Closure159

Closures accounted for 6% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
ATK Energetic SystemsRadford614Layoff
IAP Worldwide ServicesFt. Belvoir185Layoff
Southeast Service Corporation DBA SSC Service SolutionMcLean90Layoff
Dilliard"sColonial Heights59Closure
MdvNorfolk18Layoff
Xanodyne PharmaceuticalsPowhatan1Layoff

The most significant filing came from ATK Energetic Systems at its Radford facility, reporting 614 affected workers. IAP Worldwide Services followed with 185 workers.

Trend & Outlook

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

The numbers illustrate mounting pressure on the Virginia labor market, with activity running above both recent and year-ago benchmarks. The Manufacturing 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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