Connecticut Layoffs — July 2016

Employers in Connecticut posted 6 WARN Act notices in July 2016, affecting an estimated 172 workers — reflecting a cooling compared to June and down 70% versus July 2015. The average filing covered 29 workers, with 2 closures among the notices.

6
Notices Filed
172
Workers Affected
29
Avg per Notice
2
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance242

The Finance & Insurance sector saw the heaviest impact with 42 workers across 2 notices.

Geographic Hotspots

CountyNoticesWorkers
New Haven2128
Fairfield242

New Haven bore the heaviest burden, accounting for 74% of all affected workers with 128 workers across 2 notices.

CityNoticesWorkers
Derby2128
Stamford242
Not Indicated22

Layoff Type Analysis

TypeNoticesWorkers
Closure265
Layoff121

Closures accounted for 38% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Adams SuperfoodDerby64Closure2016-07-11
Adams SuperfoodDerby642016-07-11
Royal Bank of Scotland, Plc and RBS Securities Inc. (Updated Notice)Stamford21Layoff2016-07-20
Royal Bank of Scotland Plc and RBS Securities IncStamford212016-07-20
TriEpiq Lab Group LLCNot Indicated1Closure2016-07-27
TriEpiq Lab Group LLCNot Indicated12016-07-27

The largest notice was filed by Adams Superfood at its Derby facility, reporting 64 affected workers. Adams Superfood followed with 64 workers.

Trend & Outlook

This is the third consecutive month of declining layoff activity.

The trends suggest a easing in workforce disruptions across Connecticut, 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 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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