Tennessee Layoffs — August 2024

Employers in Tennessee logged 6 WARN Act notices in August 2024, involving roughly 712 workers — climbing above July and up 63% versus August 2023. The average filing covered 119 workers, with 0 closures among the notices.

6
Notices Filed
712
Workers Affected
119
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Information & Technology2230

The Information & Technology sector dominated layoff filings with 230 workers across 2 notices.

Geographic Hotspots

CountyNoticesWorkers
Knox2338
Shelby118

Knox felt the sharpest impact, accounting for 47% of all affected workers with 338 workers across 2 notices.

CityNoticesWorkers
Knox County2338
Shelby County118

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
EXEDY America Corporation2232024-08-20
EXEDY America CorporationKnox County2232024-08-20
Technical Response, Inc1152024-08-20
Technical Response, IncKnox County1152024-08-20
Mid-South Transportation Management, Inc182024-08-20
Mid-South Transportation Management, IncShelby County182024-08-20

The biggest impact was at EXEDY America Corporation at its Tennessee facility, reporting 223 affected workers. EXEDY America Corporation followed with 223 workers.

Trend & Outlook

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

This data points to mounting pressure on the Tennessee labor market, with activity running above both recent and year-ago benchmarks. The Information & Technology sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by Tennessee. 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 Tennessee WARN notices, browse layoffs by state, or download the full dataset.

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