Connecticut Layoffs — March 2016

Employers in Connecticut submitted 4 WARN Act notices in March 2016, putting at risk an estimated 306 workers — down from February and down 18% versus March 2015. The average filing covered 76 workers, with 1 closure among the notices.

Industry Breakdown

Industry	Notices	Workers
Retail	2	286
Finance & Insurance	2	20

The Retail sector emerged as the hardest-hit sector with 286 workers across 2 notices. Separately, Finance & Insurance reported 20 workers.

Geographic Hotspots

County	Notices	Workers
New Haven	2	286
Fairfield	2	20

New Haven absorbed the greatest share of layoffs, accounting for 93% of all affected workers with 286 workers across 2 notices.

City	Notices	Workers
Derby	2	286
Stamford	2	20

Layoff Type Analysis

Type	Notices	Workers
Closure	1	143
Layoff	1	10

Closures accounted for 47% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

Company	City	Workers	Type	Date
Walmart	Derby	143	Closure	2016-03-16
Walmart	Derby	143		2016-03-16
Royal Bank of Scotland, Plc and RBS Securities Inc. (Updated Notice)	Stamford	10	Layoff	2016-03-10
Royal Bank of Scotland Plc and RBS Securities Inc	Stamford	10		2016-03-10

Topping the list was Walmart at its Derby facility, reporting 143 affected workers. Walmart followed with 143 workers.

Trend & Outlook

This is the third consecutive month of declining layoff activity.

These figures highlight a easing in workforce disruptions across Connecticut, with filings falling below both recent and year-ago levels. The Retail 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.