Connecticut Layoffs — May 2014

Employers in Connecticut submitted 3 WARN Act notices in May 2014, putting at risk an estimated 194 workers — down from April. The average filing covered 65 workers, with 1 closure among the notices.

Industry Breakdown

Industry	Notices	Workers
Finance & Insurance	1	125
Utilities	2	69

The Finance & Insurance sector emerged as the hardest-hit sector with 125 workers across 1 notice. Separately, Utilities reported 69 workers.

Geographic Hotspots

County	Notices	Workers
Fairfield	1	125
Hartford	1	59
New London	1	10

Fairfield felt the sharpest impact, accounting for 64% of all affected workers with 125 workers across 1 notices.

City	Notices	Workers
Bridgeport	1	125
Windsor	1	59
Groton	1	10

Layoff Type Analysis

Type	Notices	Workers
Layoff	2	135
Closure	1	59

Closures accounted for 30% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

Company	City	Workers	Type	Date
Citizens Bank, N.A	Bridgeport	125	Layoff	2014-05-29
Westinghouse Electric Company LLC (Update to 3/26/14 notice)	Windsor	59	Closure	2014-05-09
Electric Boat	Groton	10	Layoff	2014-05-23

Topping the list was Citizens Bank, N.A at its Bridgeport facility, reporting 125 affected workers. Westinghouse Electric Company LLC (Update to 3/26/14 notice) followed with 59 workers.

Trend & Outlook

These figures highlight a mixed picture for Connecticut'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 Connecticut. 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 Connecticut WARN notices, browse layoffs by state, or download the full dataset.