Connecticut Layoffs — October 2014

Employers in Connecticut filed 1 WARN Act notices in October 2014, impacting roughly 126 workers — representing a notable rise over September. The average filing covered 126 workers, with 0 closures among the notices.

1
Notices Filed
126
Workers Affected
126
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance1126

The Finance & Insurance sector led the way in workforce reductions with 126 workers across 1 notice.

Geographic Hotspots

CountyNoticesWorkers
Fairfield1126

Fairfield felt the sharpest impact, accounting for 100% of all affected workers with 126 workers across 1 notices.

CityNoticesWorkers
Bridgeport1126

Layoff Type Analysis

TypeNoticesWorkers
Layoff1126

Largest Layoffs

CompanyCityWorkersTypeDate
Citizens Bank, N.A. (Update to 8/28/14 notice)Bridgeport126Layoff2014-10-15

The single largest action involved Citizens Bank, N.A. (Update to 8/28/14 notice) at its Bridgeport facility, reporting 126 affected workers.

Trend & Outlook

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

The data underscores 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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