Virginia Layoffs — October 2014

Employers in Virginia reported 9 WARN Act notices in October 2014, displacing an estimated 913 workers — signaling an acceleration from September and up 4% versus October 2013. The average filing covered 101 workers, with 5 closures among the notices.

9
Notices Filed
913
Workers Affected
101
Avg per Notice
5
Closures

Industry Breakdown

IndustryNoticesWorkers
Mining & Energy1101

The Mining & Energy sector topped the list of affected industries with 101 workers across 1 notice.

Geographic Hotspots

CountyNoticesWorkers
Fairfax1235
Virginia Beach City1208
Buchanan1101
Southampton1100
Warren188

Fairfax felt the sharpest impact, accounting for 26% of all affected workers with 235 workers across 1 notices.

CityNoticesWorkers
Reston1235
Virginia Beach1208
Hurley1101
Boykins1100
Front Royal188

Layoff Type Analysis

TypeNoticesWorkers
Layoff4572
Closure5341

Closures accounted for 37% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
SprintReston235Layoff2014-10-24
The Founders Inn and SpaVirginia Beach208Layoff2014-10-03
TECO Coal CorporationHurley101Closure2014-10-20
Asheboro Elastics CorporationBoykins100Layoff2014-10-03
Kmart CorporationFront Royal88Closure2014-10-15
Intersections IncAltavista77Closure2014-10-17
Colonial DownsNew Kent & Richmond52Closure2014-10-04
DominionChesapeake29Layoff2014-10-23
Colonial DownsHampton & Chesapeake23Closure2014-10-04

The most significant filing came from Sprint at its Reston facility, reporting 235 affected workers. The Founders Inn and Spa followed with 208 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The numbers illustrate 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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