New York Layoffs — October 2015
Employers in New York submitted 26 WARN Act notices in October 2015, putting at risk an estimated 1,910 workers — down from September and down 59% versus October 2014. The average filing covered 73 workers, with 17 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 6 | 505 |
| Healthcare | 4 | 338 |
| Accommodation & Food | 2 | 139 |
| Utilities | 1 | 128 |
| Professional Services | 2 | 111 |
| Retail | 1 | 45 |
| Agriculture | 1 | 38 |
| Manufacturing | 4 | 9 |
The Finance & Insurance sector emerged as the hardest-hit sector with 505 workers across 6 notices. Separately, Healthcare reported 338 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| New York | 9 | 884 |
| Monroe | 6 | 283 |
| Suffolk | 2 | 151 |
| Nassau | 2 | 143 |
| Washington | 1 | 128 |
New York absorbed the greatest share of layoffs, accounting for 46% of all affected workers with 884 workers across 9 notices.
| City | Notices | Workers |
|---|---|---|
| New York | 9 | 884 |
| Rochester | 6 | 283 |
| Fort Edward | 1 | 128 |
| Flushing | 1 | 113 |
| Copiague | 1 | 109 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 16 | 1,741 |
| Temporary Closure | 1 | 115 |
| Layoff | 9 | 54 |
The high proportion of closures (97% of affected workers) suggests structural shifts rather than temporary cutbacks in New York's labor market.
Largest Layoffs
Topping the list was Sentry Safe at its Rochester facility, reporting 272 affected workers. Barclays Capital Inc. - Wealth and Investment Management Division followed with 268 workers.
Trend & Outlook
This is the third consecutive month of declining layoff activity.
These figures highlight a easing in workforce disruptions across New York, with filings falling below both recent and year-ago levels. The Finance & Insurance sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by New York. 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 New York WARN notices, browse layoffs by state, or download the full dataset.