Connecticut Layoffs — August 2014

Employers in Connecticut recorded 3 WARN Act notices in August 2014, covering approximately 558 workers — marking a sharp increase from July. The average filing covered 186 workers, with 2 closures among the notices.

3
Notices Filed
558
Workers Affected
186
Avg per Notice
2
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance1126

The Finance & Insurance sector accounted for the largest share of job cuts with 126 workers across 1 notice.

Geographic Hotspots

CountyNoticesWorkers
Fairfield2216

Fairfield absorbed the greatest share of layoffs, accounting for 39% of all affected workers with 216 workers across 2 notices.

CityNoticesWorkers
Middletown; Watertown; Winsted; Norwich; North Granby; Tolland; Haddam; Manchester; Windsor; East Hartford; Lebanon; Bloomfield; Waterbury; Barkhamsted; Meriden; Somers; Wallingford; Mansfield1342
Bridgeport1126
Danbury190

Layoff Type Analysis

TypeNoticesWorkers
Closure2432
Layoff1126

The high proportion of closures (77% of affected workers) suggests structural shifts rather than temporary cutbacks in Connecticut's labor market.

Largest Layoffs

CompanyCityWorkersTypeDate
REM ConnecticutMiddletown; Watertown; Winsted; Norwich; North Granby; Tolland; Haddam; Manchester; Windsor; East Hartford; Lebanon; Bloomfield; Waterbury; Barkhamsted; Meriden; Somers; Wallingford; Mansfield342Closure2014-08-19
Citizens Bank, N.A. (Update to 7/23/14 notice)Bridgeport126Layoff2014-08-28
Smiths Detection IncDanbury90Closure2014-08-28

Leading the list was REM Connecticut at its Middletown; Watertown; Winsted; Norwich; North Granby; Tolland; Haddam; Manchester; Windsor; East Hartford; Lebanon; Bloomfield; Waterbury; Barkhamsted; Meriden; Somers; Wallingford; Mansfield facility, reporting 342 affected workers. Citizens Bank, N.A. (Update to 7/23/14 notice) followed with 126 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The filings reflect mounting pressure on the Connecticut 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 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.

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