Oregon Layoffs — August 2023

Employers in Oregon logged 12 WARN Act notices in August 2023, involving roughly 752 workers — climbing above July and up 27% versus August 2022. The average filing covered 63 workers, with 2 closures among the notices.

12
Notices Filed
752
Workers Affected
63
Avg per Notice
2
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance1319
Manufacturing2144

The Finance & Insurance sector dominated layoff filings with 319 workers across 1 notice. Meanwhile, Manufacturing reported 144 workers.

Geographic Hotspots

CountyNoticesWorkers
Washington5235
Union22

Washington saw the most concentrated activity, accounting for 31% of all affected workers with 235 workers across 5 notices.

CityNoticesWorkers
Charlotte1319
Hillsboro5235
St. Helens2144
Herndon252
Elgin22

Layoff Type Analysis

TypeNoticesWorkers
Layoff2320
Closure272

Closures accounted for 10% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Wells Fargo Bank N.ACharlotte319Layoff2023-08-22
Walker Rd - HillsboroHillsboro1582023-08-22
Cascades Tissue Group - St Helens PaperSt. Helens72Closure2023-08-10
Cascades Tissue Group - St Helens PaperSt. Helens722023-08-10
Bennett St. - HillsboroHillsboro712023-08-22
CenterraHerndon522023-08-10
Bennett St. - HillsboroHillsboro32023-08-22
Bennett St. - HillsboroHillsboro22023-08-22
Boise Cascade Elgin Plywood MillElgin12023-08-16
Boise Cascade Elgin Plywood MillElgin1Layoff2023-08-18
Walker Rd - HillsboroHillsboro12023-08-22
CenterraHerndonN/AClosure2023-08-11

The biggest impact was at Wells Fargo Bank N.A at its Charlotte facility, reporting 319 affected workers. Walker Rd - Hillsboro followed with 158 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

This data points to mounting pressure on the Oregon 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 Oregon. 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 Oregon WARN notices, browse layoffs by state, or download the full dataset.

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