Vermont Layoffs — July 2021
Employers in Vermont filed 3 WARN Act notices in July 2021, impacting roughly 275 workers — representing a notable rise over June. The average filing covered 92 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 254 |
| Manufacturing | 2 | 21 |
The Finance & Insurance sector led the way in workforce reductions with 254 workers across 1 notice. In a parallel development, Manufacturing reported 21 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Washington | 2 | 265 |
| Orleans | 1 | 10 |
Washington felt the sharpest impact, accounting for 96% of all affected workers with 265 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Montpelier | 2 | 265 |
| Newport | 1 | 10 |
Layoff Type Analysis
Layoff type classification was not available for filings in Vermont this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| People's United Bank | Montpelier | 254 | ||
| Web Industries | Montpelier | 11 | ||
| Rdi | Newport | 10 |
The single largest action involved People's United Bank at its Montpelier facility, reporting 254 affected workers. Web Industries followed with 11 workers.
Trend & Outlook
This marks the third consecutive month of rising layoff activity.
The data underscores mounting pressure on the Vermont 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 Vermont. 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 Vermont WARN notices, browse layoffs by state, or download the full dataset.