Rhode Island Layoffs — November 2022
Employers in Rhode Island posted 2 WARN Act notices in November 2022, affecting an estimated 78 workers. The average filing covered 39 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 1 | 77 |
| Finance & Insurance | 1 | 1 |
The Manufacturing sector saw the heaviest impact with 77 workers across 1 notice. On a related front, Finance & Insurance reported 1 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Providence | 1 | 77 |
| Kent | 1 | 1 |
Providence absorbed the greatest share of layoffs, accounting for 99% of all affected workers with 77 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Smithfield | 1 | 77 |
| Warwick | 1 | 1 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 2 | 78 |
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Rubius Therapeutics | Smithfield | 77 | Layoff | |
| BayFirst Financial | Warwick | 1 | Layoff |
The largest notice was filed by Rubius Therapeutics at its Smithfield facility, reporting 77 affected workers. BayFirst Financial followed with 1 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The trends suggest mounting pressure on the Rhode Island labor market, with activity running above both recent and year-ago benchmarks. The Manufacturing sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by Rhode Island. 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 Rhode Island WARN notices, browse layoffs by state, or download the full dataset.