Virginia Layoffs — August 2013
Employers in Virginia logged 1 WARN Act notices in August 2013, involving roughly 50 workers — climbing above July and down 94% versus August 2012. The average filing covered 50 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 50 |
The Finance & Insurance sector dominated layoff filings with 50 workers across 1 notice.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Fairfax | 1 | 50 |
Fairfax was the epicenter of layoff activity, accounting for 100% of all affected workers with 50 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Fairfax | 1 | 50 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 1 | 50 |
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Bank of America | Fairfax | 50 | Layoff |
The biggest impact was at Bank of America at its Fairfax facility, reporting 50 affected workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
This data points to a mixed picture for Virginia'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 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.