Virginia Layoffs — March 2014

Employers in Virginia submitted 12 WARN Act notices in March 2014, putting at risk an estimated 1,777 workers — up substantially from February and up 6% versus March 2013. The average filing covered 148 workers, with 0 closures among the notices.

12
Notices Filed
1,777
Workers Affected
148
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Information & Technology2688
Finance & Insurance3294

The Information & Technology sector emerged as the hardest-hit sector with 688 workers across 2 notices. Separately, Finance & Insurance reported 294 workers.

Geographic Hotspots

CountyNoticesWorkers
Chesterfield2688
Lunenburg2220
Virginia Beach City2214
Loudoun1197
Arlington1165

Chesterfield absorbed the greatest share of layoffs, accounting for 39% of all affected workers with 688 workers across 2 notices.

CityNoticesWorkers
Chester2688
Lunenburg2220
Virginia Beach2214
Leesburg1197
Arlington1165

Layoff Type Analysis

TypeNoticesWorkers
Layoff121,777

Largest Layoffs

CompanyCityWorkersTypeDate
General Dynamics Information Technology IncChester344Layoff2014-03-06
General Dynamics Information Technology, IncChester344Layoff2014-03-06
AramarkLeesburg197Layoff2014-03-17
Lockheed Martin Corporation Information Systems & Global SolutionsArlington165Layoff2014-03-07
STEPS IncLunenburg110Layoff2014-03-13
STEPS, IncLunenburg110Layoff2014-03-13
NCO Financial Systems IncVirginia Beach107Layoff2014-03-05
NCO Financial Systems, IncVirginia Beach107Layoff2014-03-05
Union First Market BankChristiansburg80Layoff2014-03-10
NiitekCharlottesville78Layoff2014-03-19
DynCorp InternationalPortsmouth73Layoff2014-03-19
American EagleWashington62Layoff2014-03-31

Topping the list was General Dynamics Information Technology Inc at its Chester facility, reporting 344 affected workers. General Dynamics Information Technology, Inc followed with 344 workers.

Trend & Outlook

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

These figures highlight mounting pressure on the Virginia labor market, with activity running above both recent and year-ago benchmarks. The Information & Technology 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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