Texas Layoffs — December 2013

Employers in Texas logged 9 WARN Act notices in December 2013, involving roughly 1,052 workers — climbing above November and up 14% versus December 2012. The average filing covered 117 workers, with 0 closures among the notices.

9
Notices Filed
1,052
Workers Affected
117
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance4304
Mining & Energy1152

The Finance & Insurance sector dominated layoff filings with 304 workers across 4 notices. Meanwhile, Mining & Energy reported 152 workers.

Geographic Hotspots

CountyNoticesWorkers
Dallas3629
Presidio1152
Denton2109
Lee186
Collin165

Dallas saw the most concentrated activity, accounting for 60% of all affected workers with 629 workers across 3 notices.

CityNoticesWorkers
Grand Prairie1400
Marfa1152
Coppell1137
Sanger199
Addison192

Layoff Type Analysis

Layoff type classification was not available for filings in Texas this month.

Largest Layoffs

CompanyCityWorkersTypeDate
TriumphVought Aircraft DivisionGrand Prairie4002013-12-09
Rio Grande Mining Co. (RGMC)Marfa1522013-12-19
Ocwen Financial Corp.-CoppellCoppell1372013-12-02
Color Star Growers of Colorado-SangerSanger992013-12-16
Ocwen Financial Corp.-AddisonAddison922013-12-02
Color Star Growers of ColoradoGiddings862013-12-16
Genpact Mortgage Services, IncRichardson652013-12-20
Precision CameraEl Paso112013-12-09
Ocwen Financial Corp-LewisvilleLewisville102013-12-02

The biggest impact was at TriumphVought Aircraft Division at its Grand Prairie facility, reporting 400 affected workers. Rio Grande Mining Co. (RGMC) followed with 152 workers.

Trend & Outlook

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

This data points to mounting pressure on the Texas labor market, with activity running above both recent and year-ago benchmarks. The Finance & Insurance sector warrants close attention heading into the next period.

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

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