Connecticut Layoffs — August 2017

Employers in Connecticut recorded 4 WARN Act notices in August 2017, covering approximately 414 workers — marking a sharp increase from July and down 68% versus August 2016. The average filing covered 104 workers, with 1 closure among the notices.

Industry Breakdown

Industry	Notices	Workers
Finance & Insurance	2	20

The Finance & Insurance sector accounted for the largest share of job cuts with 20 workers across 2 notices.

Geographic Hotspots

County	Notices	Workers
Hartford	2	394
Fairfield	2	20

Hartford absorbed the greatest share of layoffs, accounting for 95% of all affected workers with 394 workers across 2 notices.

City	Notices	Workers
East Granby	2	394
Stamford	2	20

Layoff Type Analysis

Type	Notices	Workers
Closure	1	197
Layoff	1	10

Closures accounted for 48% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

Company	City	Workers	Type	Date
eBay Inc	East Granby	197	Closure	2017-08-21
eBay	East Granby	197		2017-08-21
Royal Bank of Scotland, Plc and RBS Securities Inc. (Updated Notice)	Stamford	10	Layoff	2017-08-17
Royal Bank of Scotland Plc and RBS Securities Inc	Stamford	10		2017-08-17

Leading the list was eBay Inc at its East Granby facility, reporting 197 affected workers. eBay followed with 197 workers.

Trend & Outlook

After a dip last month, layoff activity has ticked back up.

The filings reflect a mixed picture for Connecticut's labor market, with activity diverging between monthly and annual comparisons. 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.