Virginia Layoffs — May 2014

Employers in Virginia logged 11 WARN Act notices in May 2014, involving roughly 1,124 workers — climbing above April and up 60% versus May 2013. The average filing covered 102 workers, with 4 closures among the notices.

11
Notices Filed
1,124
Workers Affected
102
Avg per Notice
4
Closures

Industry Breakdown

IndustryNoticesWorkers
Mining & Energy2360
Finance & Insurance15

The Mining & Energy sector dominated layoff filings with 360 workers across 2 notices. Meanwhile, Finance & Insurance reported 5 workers.

Geographic Hotspots

CountyNoticesWorkers
Pulaski2360
Loudoun1213
Chesterfield3151
Virginia Beach City2114
Fairfax169

Pulaski felt the sharpest impact, accounting for 32% of all affected workers with 360 workers across 2 notices.

CityNoticesWorkers
Pulaski2360
Sterling1213
Cheseapeake1172
Chester2146
Virginia Beach2114

Layoff Type Analysis

TypeNoticesWorkers
Layoff7650
Closure4474

Closures accounted for 42% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
U.S. Aviation Services CorpSterling213Layoff2014-05-13
Caterpillar Global Mining America LLCPulaski180Closure2014-05-02
Caterpillar Global Mining America, LLCPulaski180Closure2014-05-02
Cox CommunicationsCheseapeake172Layoff2014-05-07
Carl Zeiss Vision IncChester73Layoff2014-05-29
Carl Zeiss Vision, IncChester73Layoff2014-05-29
Electronic Arts IncFairfax69Closure2014-05-29
Northrop Grumman CorporationVirginia Beach57Layoff2014-05-05
Northrop Grumman CoporationVirginia Beach57Layoff2014-05-05
SodexoRoanoke45Closure2014-05-19
Bank of AmericaRichmond5Layoff2014-05-22

The biggest impact was at U.S. Aviation Services Corp at its Sterling facility, reporting 213 affected workers. Caterpillar Global Mining America LLC followed with 180 workers.

Trend & Outlook

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

This data points to mounting pressure on the Virginia labor market, with activity running above both recent and year-ago benchmarks. The Mining & Energy 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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