Delaware Layoffs — February 2016

Employers in Delaware filed 3 WARN Act notices in February 2016, impacting roughly 275 workers — representing a notable rise over January and up 13% versus February 2015. The average filing covered 92 workers, with 0 closures among the notices.

3
Notices Filed
275
Workers Affected
92
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance1109

The Finance & Insurance sector led the way in workforce reductions with 109 workers across 1 notice.

Geographic Hotspots

CountyNoticesWorkers
New Castle1109

New Castle was the epicenter of layoff activity, accounting for 40% of all affected workers with 109 workers across 1 notices.

CityNoticesWorkers
Purchase dataset for city details2166
Wilmington1109

Layoff Type Analysis

Layoff type classification was not available for filings in Delaware this month.

Largest Layoffs

CompanyCityWorkersTypeDate
Capital One - Mortgage ServicesWilmington1092016-02-03
Capital OnePurchase dataset for city details1092016-02-03
DynCorpPurchase dataset for city details572016-02-01

The single largest action involved Capital One - Mortgage Services at its Wilmington facility, reporting 109 affected workers. Capital One followed with 109 workers.

Trend & Outlook

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

The data underscores mounting pressure on the Delaware 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 Delaware. 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 Delaware WARN notices, browse layoffs by state, or download the full dataset.

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