Employers in New York logged 21 WARN Act notices in January 2013, involving roughly 1,732 workers — falling below December and up 5% versus January 2012. The average filing covered 82 workers, with 11 closures among the notices.
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 7 | 916 |
| Other | 6 | 509 |
| Healthcare | 2 | 142 |
| Accommodation & Food | 1 | 94 |
| Manufacturing | 3 | 64 |
| Professional Services | 2 | 7 |
The Finance & Insurance sector dominated layoff filings with 916 workers across 7 notices. Meanwhile, Other reported 509 workers.
| County | Notices | Workers |
|---|---|---|
| Kings | 2 | 613 |
| New York | 7 | 438 |
| Chautauqua | 2 | 276 |
| Albany | 1 | 220 |
| Hempstead | 1 | 58 |
Kings felt the sharpest impact, accounting for 35% of all affected workers with 613 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Brooklyn | 2 | 613 |
| New York | 7 | 438 |
| Albany | 1 | 220 |
| Silver Creek | 1 | 143 |
| Dunkirk | 1 | 133 |
| Type | Notices | Workers |
|---|---|---|
| Closure | 11 | 1,374 |
| Layoff | 10 | 358 |
The high proportion of closures (79% of affected workers) suggests structural shifts rather than temporary cutbacks in New York's labor market.
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| JPMorgan Chase - Mortgage Bank -Independent Foreclosure Review | Brooklyn | 529 | Closure | 2013-01-14 |
| LexisNexis a division of Reed Elsevier | Albany | 220 | Closure | 2013-01-15 |
| Petri Baking Products, Inc | Silver Creek | 143 | Closure | 2013-01-03 |
| The Carriage House Companies, Inc | Dunkirk | 133 | Closure | 2013-01-03 |
| Morgan Stanley (Various NYC sites) | New York | 133 | Layoff | 2013-01-15 |
| Beekman Tower Hotel | New York | 94 | Closure | 2013-01-17 |
| Morgan Stanley (Various NYC sites) | New York | 84 | Layoff | 2013-01-15 |
| First to Care Home Care, Inc. d/b/a First to Care | Brooklyn | 84 | Closure | 2013-01-18 |
| Morgan Stanley (Various NYC sites) | New York | 58 | Layoff | 2013-01-15 |
| Endo Health Solutions (Research & Development) | Westbury | 58 | Closure | 2013-01-16 |
| Frontier Insurance Company | Rock Hill | 49 | Closure | 2013-01-14 |
| Morgan Stanley (Various NYC sites) | New York | 39 | Layoff | 2013-01-15 |
| BorgWarner Morse TEC/Powdered Metal Operation (PMO) | Cortland | 35 | Closure | 2013-01-18 |
| Morgan Stanley (Various NYC sites) | New York | 24 | Layoff | 2013-01-15 |
| Closure Systems International Packaging Machinery, Inc | Randolph | 18 | Closure | 2013-01-25 |
The biggest impact was at JPMorgan Chase - Mortgage Bank -Independent Foreclosure Review at its Brooklyn facility, reporting 529 affected workers. LexisNexis a division of Reed Elsevier followed with 220 workers.
This data points to a mixed picture for New York'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 New York. 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 New York WARN notices, browse layoffs by state, or download the full dataset.
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