Rhode Island Layoffs — January 2023

Employers in Rhode Island recorded 7 WARN Act notices in January 2023, covering approximately 393 workers. The average filing covered 56 workers, with 1 closure among the notices.

7
Notices Filed
393
Workers Affected
56
Avg per Notice
1
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance22

The Finance & Insurance sector accounted for the largest share of job cuts with 2 workers across 2 notices.

Geographic Hotspots

CountyNoticesWorkers
Providence3229
Kent22

Providence was the epicenter of layoff activity, accounting for 58% of all affected workers with 229 workers across 3 notices.

CityNoticesWorkers
Smithfield3229
Dallas2162
Warwick22

Layoff Type Analysis

TypeNoticesWorkers
Layoff278
Closure175

Closures accounted for 19% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Monitronics International Inc (Brinks Home)Dallas812023-01-04
Brinks HomeDallas812023-01-12
Rubius TherapeuticsSmithfield77Layoff2023-01-04
Rubius TherapeuticsSmithfield772023-01-04
Northeast Transportation Services LLCSmithfield75Closure2023-01-23
BayFirst Financial CorporationWarwick1Layoff2023-01-23
BayFirst Financial CorporationWarwick12023-01-23

Leading the list was Monitronics International Inc (Brinks Home) at its Dallas facility, reporting 81 affected workers. Brinks Home followed with 81 workers.

Trend & Outlook

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

The filings reflect mounting pressure on the Rhode Island 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 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.

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