Virginia Layoffs — July 2016
Employers in Virginia reported 3 WARN Act notices in July 2016, displacing an estimated 233 workers — signaling a deceleration from June and down 58% versus July 2015. The average filing covered 78 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 2 | 172 |
| Finance & Insurance | 1 | 61 |
The Manufacturing sector topped the list of affected industries with 172 workers across 2 notices. Notably, Finance & Insurance reported 61 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Accomack | 1 | 123 |
| Chesterfield | 1 | 61 |
| Bristol | 1 | 49 |
Accomack was the epicenter of layoff activity, accounting for 53% of all affected workers with 123 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Wallops Island | 1 | 123 |
| Richmond | 1 | 61 |
| Bristol | 1 | 49 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 2 | 184 |
| Closure | 1 | 49 |
Closures accounted for 21% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Lockheed Martin | Wallops Island | 123 | Layoff | |
| Bb&T | Richmond | 61 | Layoff | |
| Sandvik | Bristol | 49 | Closure |
The most significant filing came from Lockheed Martin at its Wallops Island facility, reporting 123 affected workers. Bb&T followed with 61 workers.
Trend & Outlook
The numbers illustrate a easing in workforce disruptions across Virginia, with filings falling below both recent and year-ago levels. The Manufacturing sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by Virginia. 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 Virginia WARN notices, browse layoffs by state, or download the full dataset.