Iowa Layoffs — February 2018

Employers in Iowa recorded 8 WARN Act notices in February 2018, covering approximately 959 workers — marking a sharp increase from January and up 352% versus February 2017. The average filing covered 120 workers, with 1 closure among the notices.

8
Notices Filed
959
Workers Affected
120
Avg per Notice
1
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance393

The Finance & Insurance sector accounted for the largest share of job cuts with 93 workers across 3 notices.

Geographic Hotspots

CountyNoticesWorkers
Linn2902
Polk257

Linn was the epicenter of layoff activity, accounting for 94% of all affected workers with 902 workers across 2 notices.

CityNoticesWorkers
Cedar Rapids2902
Des Moines154
Johnston13
Purchase dataset for city details40

Layoff Type Analysis

TypeNoticesWorkers
Layoff2917
Closure139

Closures accounted for 4% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Transamerica Life InsCedar Rapids863Layoff2018-02-13
Nationwide- Mortgage DivisionDes Moines54Layoff2018-02-02
Goldman Sachs Bank USACedar Rapids39Closure2018-02-28
Pioneer Hi-Bred InternationalJohnston32018-02-21
Nationwide- Mortgage DivisionPurchase dataset for city detailsN/A2018-02-02
Transamerica LifePurchase dataset for city detailsN/A2018-02-13
Pioneer Hi-Bred InternationalPurchase dataset for city detailsN/A2018-02-21
Goldman SachsPurchase dataset for city detailsN/A2018-02-28

Leading the list was Transamerica Life Ins at its Cedar Rapids facility, reporting 863 affected workers. Nationwide- Mortgage Division followed with 54 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The filings reflect mounting pressure on the Iowa labor market, with activity running above both recent and year-ago benchmarks. The Finance & Insurance sector warrants close attention heading into the next period.

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

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