Connecticut Layoffs — October 2015

Employers in Connecticut recorded 10 WARN Act notices in October 2015, covering approximately 1,636 workers — marking a sharp increase from September and up 1198% versus October 2014. The average filing covered 164 workers, with 2 closures among the notices.

10
Notices Filed
1,636
Workers Affected
164
Avg per Notice
2
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance2128

The Finance & Insurance sector accounted for the largest share of job cuts with 128 workers across 2 notices.

Geographic Hotspots

CountyNoticesWorkers
Hartford21,128
New Haven4316
Fairfield4192

Hartford felt the sharpest impact, accounting for 69% of all affected workers with 1,128 workers across 2 notices.

CityNoticesWorkers
Enfield21,128
Wallingford4316
Stamford2128
Trumbull264

Layoff Type Analysis

TypeNoticesWorkers
Closure2596
Layoff2144

Closures accounted for 36% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Hallmark Cards, Inc. and Hallmark Marketing Company, LLCEnfield564Closure2015-10-02
Hallmark Cards, Inc. and Hallmark Marketing Company, LLCEnfield5642015-10-02
Quest Diagnostics Inc. (Updated Notice)Wallingford80Layoff2015-10-06
Quest Diagnostics Inc. (Updated Notice)Wallingford802015-10-06
Bristol-Myers SquibbWallingford782015-10-27
Bristol-Myers SquibbWallingford782015-10-27
Royal Bank of Scotland, Plc and RBS Securities Inc.(Updated Notice)Stamford64Layoff2015-10-14
Royal Bank of Scotland Plc and RBS Securities IncStamford642015-10-14
Canon Solutions America, IncTrumbull32Closure2015-10-27
Canon Solutions America, IncTrumbull322015-10-27

Leading the list was Hallmark Cards, Inc. and Hallmark Marketing Company, LLC at its Enfield facility, reporting 564 affected workers. Hallmark Cards, Inc. and Hallmark Marketing Company, LLC followed with 564 workers.

Trend & Outlook

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

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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