Connecticut Layoffs — January 2017

Employers in Connecticut logged 8 WARN Act notices in January 2017, involving roughly 206 workers — falling below December and down 86% versus January 2016. The average filing covered 26 workers, with 2 closures among the notices.

8
Notices Filed
206
Workers Affected
26
Avg per Notice
2
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance242

The Finance & Insurance sector dominated layoff filings with 42 workers across 2 notices.

Geographic Hotspots

CountyNoticesWorkers
Fairfield6148
New Haven258

Fairfield saw the most concentrated activity, accounting for 72% of all affected workers with 148 workers across 6 notices.

CityNoticesWorkers
Stamford4142
Wallingford258
Danbury26

Layoff Type Analysis

TypeNoticesWorkers
Layoff271
Closure232

Closures accounted for 16% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Marriott International, Inc. (Update to 12/28/16)Stamford50Layoff2017-01-27
Marriott International, Inc. (Update to 12/28/16)Stamford502017-01-27
Bristol-Myers Squibb (Update to 12/13/16 Notice)Wallingford29Closure2017-01-31
Bristol-Myers SquibbWallingford292017-01-31
Royal Bank of Scotland, Plc and RBS Securities Inc. (Updated Notice)Stamford21Layoff2017-01-19
Royal Bank of Scotland Plc and RBS Securities IncStamford212017-01-19
Penske Vehicle Services, IncDanbury3Closure2017-01-30
Penske Vehicle ServicesDanbury32017-01-30

The biggest impact was at Marriott International, Inc. (Update to 12/28/16) at its Stamford facility, reporting 50 affected workers. Marriott International, Inc. (Update to 12/28/16) followed with 50 workers.

Trend & Outlook

This data points to 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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