New York Layoffs — May 2014

Employers in New York posted 44 WARN Act notices in May 2014, affecting an estimated 2,137 workers — reflecting a cooling compared to April and up 50% versus May 2013. The average filing covered 49 workers, with 38 closures among the notices.

44
Notices Filed
2,137
Workers Affected
49
Avg per Notice
38
Closures

Industry Breakdown

IndustryNoticesWorkers
Other25672
Information & Technology3312
Professional Services2261
Transportation4195
Finance & Insurance1161
Admin & Support Services1154
Accommodation & Food2153
Real Estate3104

The Other sector saw the heaviest impact with 672 workers across 25 notices. On a related front, Information & Technology reported 312 workers.

Geographic Hotspots

CountyNoticesWorkers
Nassau14596
New York5317
Suffolk8304
Bronx3204
Jefferson1202

Nassau was the epicenter of layoff activity, accounting for 28% of all affected workers with 596 workers across 14 notices.

CityNoticesWorkers
New York5317
Bethpage1208
Bronx3204
Watertown1202
Garden City1161

Layoff Type Analysis

TypeNoticesWorkers
Closure381,449
Layoff6688

The high proportion of closures (68% of affected workers) suggests structural shifts rather than temporary cutbacks in New York's labor market.

Largest Layoffs

CompanyCityWorkersTypeDate
Northrop Grumman Systems Corporation - Electronic Attack Center of ExcellenceBethpage208Layoff2014-05-13
Convergys CorporationWatertown202Layoff2014-05-02
JPMorgan Chase & Co.- Mortgage BankGarden City161Layoff2014-05-05
Adecco GroupMelville154Closure2014-05-30
HHCS, Inc. - HHH Choices Health Plan, LLCBronx152Closure2014-05-16
Fuse, MSG Holdings, L.PNew York102Closure2014-05-02
Fab.com, IncNew York81Layoff2014-05-22
Bravo Brio Restaurant GroupYonkers78Closure2014-05-28
National 42nd St. Realty Inc./TGI Friday's Restaurant, Tim Horton's/KFC Food CourtNew York75Closure2014-05-09
Long Island Automotive Group, Inc. - Honda ManhassetManhasset72Closure2014-05-12
MV Transportation, IncCanandaigua68Closure2014-05-20
Main Seneca CorporationBuffalo66Closure2014-05-22
Long Island Automotive Group, Inc. - Land Rover Glen CoveGlen Cove64Closure2014-05-12
Daikin AppliedAuburn55Closure2014-05-23
Gwynnie Bee, IncLong Island City54Closure2014-05-09

The largest notice was filed by Northrop Grumman Systems Corporation - Electronic Attack Center of Excellence at its Bethpage facility, reporting 208 affected workers. Convergys Corporation followed with 202 workers.

Trend & Outlook

The trends suggest a mixed picture for New York's labor market, with activity diverging between monthly and annual comparisons. The Other sector warrants close attention heading into the next period.

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

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