Tennessee Layoffs — October 2016

Employers in Tennessee logged 8 WARN Act notices in October 2016, involving roughly 4,026 workers — climbing above September and up 84% versus October 2015. The average filing covered 503 workers, with 3 closures among the notices.

8
Notices Filed
4,026
Workers Affected
503
Avg per Notice
3
Closures

Industry Breakdown

IndustryNoticesWorkers
Manufacturing23,600

The Manufacturing sector dominated layoff filings with 3,600 workers across 2 notices.

Geographic Hotspots

CountyNoticesWorkers
Lincoln23,600
Cheatham2214
Dyer2116
Giles296

Lincoln bore the heaviest burden, accounting for 89% of all affected workers with 3,600 workers across 2 notices.

CityNoticesWorkers
Fayetteville23,600
Ashland City2214
Newbern2116
Pulaski296

Layoff Type Analysis

TypeNoticesWorkers
Closure31,906
Layoff1107

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

Largest Layoffs

CompanyCityWorkersTypeDate
Goodman ManufacturingFayetteville1,800Closure2016-10-17
Goodman ManufacturingFayetteville1,8002016-10-17
Trinity MarineAshland City107Layoff2016-10-21
Trinity MarineAshland City1072016-10-21
Royal Building ProductsNewbern58Closure2016-10-17
Royal Building ProductsNewbern582016-10-17
Bert-Co IndustriesPulaski48Closure2016-10-14
Bert-Co IndustriesPulaski482016-10-14

The biggest impact was at Goodman Manufacturing at its Fayetteville facility, reporting 1,800 affected workers. Goodman Manufacturing followed with 1,800 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

This data points to mounting pressure on the Tennessee labor market, with activity running above both recent and year-ago benchmarks. The Manufacturing sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by Tennessee. 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 Tennessee WARN notices, browse layoffs by state, or download the full dataset.

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