New York Layoffs — November 2022

Employers in New York submitted 30 WARN Act notices in November 2022, putting at risk an estimated 999 workers and up 2% versus November 2021. The average filing covered 33 workers, with 0 closures among the notices.

30
Notices Filed
999
Workers Affected
33
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance6858
Utilities10
Education20
Healthcare30
Information & Technology20

The Finance & Insurance sector emerged as the hardest-hit sector with 858 workers across 6 notices. Separately, Utilities reported 0 workers.

Geographic Hotspots

CountyNoticesWorkers
Orange3487
Suffolk2252
Kings360

Orange felt the sharpest impact, accounting for 49% of all affected workers with 487 workers across 3 notices.

CityNoticesWorkers
Newburgh3487
Melville2252
Purchase dataset for city details21119
Multiple locations181
Brooklyn360

Layoff Type Analysis

Layoff type classification was not available for filings in New York this month.

Largest Layoffs

CompanyCityWorkersTypeDate
Reverse Mortgage Funding LLCNewburgh2542022-11-29
Reverse Mortgage Funding LLC - Mid-Hudson RegionNewburgh2332022-11-29
Reverse Mortgage Funding LLCMelville1332022-11-29
Reverse Mortgage Funding LLC - Long Island RegionMelville1192022-11-29
Reverse Mortgage Funding LLCPurchase dataset for city details1192022-11-29
City Carting of Westchester, IncMultiple locations812022-11-28
Housing Works, Inc. - New York City RegionBrooklyn302022-11-30
Housing Works, IncBrooklyn302022-11-30
Indian Point Energy Center (IPEC) subsidiary of Holtec InternationalPurchase dataset for city detailsN/A2022-11-01
Total Fire Protection, Inc. - New York City RegionPurchase dataset for city detailsN/A2022-11-02
Total Fire Protection, IncPurchase dataset for city detailsN/A2022-11-02
Avon Products, Inc. (Avon Global Innovation Center) - Mid-Hudson RegionPurchase dataset for city detailsN/A2022-11-03
TwitterPurchase dataset for city detailsN/A2022-11-04
Better.comPurchase dataset for city detailsN/A2022-11-04
Pioneer Credit Recovery, Inc., Gila LLC, Navient B.P.O., LLC, Navient SolutionsPurchase dataset for city detailsN/A2022-11-07

Topping the list was Reverse Mortgage Funding LLC at its Newburgh facility, reporting 254 affected workers. Reverse Mortgage Funding LLC - Mid-Hudson Region followed with 233 workers.

Trend & Outlook

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

These figures highlight mounting pressure on the New York 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 New York. 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 New York WARN notices, browse layoffs by state, or download the full dataset.

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