Connecticut Layoffs — April 2018

Employers in Connecticut recorded 10 WARN Act notices in April 2018, covering approximately 1,384 workers and up 246% versus April 2017. The average filing covered 138 workers, with 4 closures among the notices.

10
Notices Filed
1,384
Workers Affected
138
Avg per Notice
4
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance214
Healthcare20

The Finance & Insurance sector accounted for the largest share of job cuts with 14 workers across 2 notices. At the same time, Healthcare reported 0 workers.

Geographic Hotspots

CountyNoticesWorkers
Hartford2862
New Haven4294
Fairfield4228

Hartford was the epicenter of layoff activity, accounting for 62% of all affected workers with 862 workers across 2 notices.

CityNoticesWorkers
Windsor2862
Naugatuck2294
Trumbull2214
Stamford214
Derby20

Layoff Type Analysis

TypeNoticesWorkers
Closure4685
Layoff17

Closures accounted for 49% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Konica Minolta Business Solutions U.S.A., IncWindsor431Closure2018-04-24
Konica Minolta Business Solutions U.S.A., IncWindsor4312018-04-24
The Dannon Company, LLC -- YoCrunchNaugatuck147Closure2018-04-30
The Dannon Company, LLC -- YoCrunchNaugatuck1472018-04-30
DattcoTrumbull107Closure2018-04-19
DattcoTrumbull1072018-04-19
Royal Bank of Scotland plc and RBS Securities Inc. (Updated notice)Stamford7Layoff2018-04-12
Royal Bank of Scotland Plc and RBS Securities IncStamford72018-04-12
Birmingham Health CenterDerbyN/AClosure2018-04-10
Birmingham Health CenterDerbyN/A2018-04-10

Leading the list was Konica Minolta Business Solutions U.S.A., Inc at its Windsor facility, reporting 431 affected workers. Konica Minolta Business Solutions U.S.A., Inc followed with 431 workers.

Trend & Outlook

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

The filings reflect mounting pressure on the Connecticut 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 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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