North Carolina Layoffs — March 2019

Employers in North Carolina logged 7 WARN Act notices in March 2019, involving roughly 1,001 workers — climbing above February and down 53% versus March 2018. The average filing covered 143 workers, with 3 closures among the notices.

7
Notices Filed
1,001
Workers Affected
143
Avg per Notice
3
Closures

Industry Breakdown

IndustryNoticesWorkers
Manufacturing1204
Finance & Insurance1164
Information & Technology177
Retail150

The Manufacturing sector dominated layoff filings with 204 workers across 1 notice. Meanwhile, Finance & Insurance reported 164 workers.

Geographic Hotspots

CountyNoticesWorkers
Pitt1318
Mecklenburg2291
Wake1204
Cumberland177
Carteret161

Pitt saw the most concentrated activity, accounting for 32% of all affected workers with 318 workers across 1 notices.

Layoff Type Analysis

TypeNoticesWorkers
Layoff4506
Closure3495

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

Largest Layoffs

CompanyCityWorkersTypeDate
Concentrix CVG Corporation (Greenville)318Layoff2019-03-19
AsteelFlash USA Corp204Closure2019-03-01
Massachusetts Mutual Life Insurance Company164Closure2019-03-28
WFS Express, Inc127Closure2019-03-12
General Dynamics Information Technology77Layoff2019-03-29
Atlantic Veneer Company, LLC61Layoff2019-03-14
Circle K Stores, Inc50Layoff2019-03-28

The biggest impact was at Concentrix CVG Corporation (Greenville) at its North Carolina facility, reporting 318 affected workers. AsteelFlash USA Corp followed with 204 workers.

Trend & Outlook

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

This data points to a mixed picture for North Carolina's labor market, with activity diverging between monthly and annual comparisons. The Manufacturing sector warrants close attention heading into the next period.

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

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