Oregon Layoffs — October 2013

Employers in Oregon submitted 3 WARN Act notices in October 2013, putting at risk an estimated 202 workers — down from September and down 3% versus October 2012. The average filing covered 67 workers, with 1 closure among the notices.

Industry Breakdown

Industry	Notices	Workers
Finance & Insurance	2	151
Manufacturing	1	51

The Finance & Insurance sector emerged as the hardest-hit sector with 151 workers across 2 notices. Separately, Manufacturing reported 51 workers.

Geographic Hotspots

County	Notices	Workers
Clackamas	1	92
Washington	1	59

Clackamas absorbed the greatest share of layoffs, accounting for 46% of all affected workers with 92 workers across 1 notices.

City	Notices	Workers
Portland	1	92
Hillsboro	1	59
Coraopolis	1	51

Layoff Type Analysis

Type	Notices	Workers
Layoff	2	151
Closure	1	51

Closures accounted for 25% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

Company	City	Workers	Type	Date
Wells Fargo Home Mortgage Retail Retail	Portland	92	Layoff	2013-10-23
Bank of America	Hillsboro	59	Layoff	2013-10-25
American Bridge Manufacturing Company	Coraopolis	51	Closure	2013-10-08

Topping the list was Wells Fargo Home Mortgage Retail Retail at its Portland facility, reporting 92 affected workers. Bank of America followed with 59 workers.

Trend & Outlook

These figures highlight a easing in workforce disruptions across Oregon, with filings falling below both recent and year-ago levels. The Finance & Insurance sector warrants close attention heading into the next period.

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