Finance & Insurance Layoffs in New York
Tracking 339 finance & insurance WARN Act layoff notices affecting 21,983 workers in New York. Data from official state workforce agency filings, updated daily.
339
Total Notices
21,983
Workers Affected
15
Cities
15
Companies
Top Companies — Finance & Insurance Layoffs in New York
| Company | Notices | Workers Affected |
|---|---|---|
| Sterling National Bank | 91 | 448 |
| Sterling National Bank & Astoria Bank | 20 | 230 |
| Goldman, Sachs & | 17 | 2,009 |
| Bank of America | 14 | 2,563 |
| HSBC Bank USA | 8 | 15 |
| M&T Bank | 8 | 440 |
| PHH Mortgage | 8 | 386 |
| JPMorgan Chase | 7 | 1,336 |
| Capital One Bank | 7 | 365 |
| Wells Fargo | 6 | 120 |
| Citigroup | 6 | 2,808 |
| CareConnect Insurance | 5 | 173 |
| Greater Hudson Bank | 5 | 14 |
| Capital One, N.A | 5 | 171 |
| New York Life | 5 | 59 |
Finance & Insurance Layoffs by City in New York
| City | Notices | Workers Affected |
|---|---|---|
| New York | 115 | 9,031 |
| Melville | 21 | 2,952 |
| Brooklyn | 17 | 1,109 |
| Yonkers | 10 | 73 |
| Williamsville | 9 | 338 |
| Montebello | 8 | 103 |
| Jericho | 6 | 170 |
| Syracuse | 6 | 398 |
| East Hills | 5 | 173 |
| Pittsford | 5 | 83 |
| Woodbury | 5 | 8 |
| Hauppauge | 4 | 108 |
| Lake Success | 4 | 212 |
| Mattituck | 4 | 211 |
| Newburgh | 3 | 621 |
Latest Finance & Insurance Layoff Notices in New York
| Company | City | Employees | Type | Notice Date |
|---|---|---|---|---|
| Equiniti Trust | New York City | 85 | - | 2023-12-07 |
| Genesis Global Trading | New York | 47 | - | 2023-10-03 |
| Reverse Mortgage Funding | Newburgh | 254 | - | 2022-11-29 |
| Reverse Mortgage Funding | Melville | 133 | - | 2022-11-29 |
| Reverse Mortgage Funding | Melville | 119 | - | 2022-11-29 |
| Reverse Mortgage Funding | Newburgh | 233 | - | 2022-11-29 |
| Credit Suisse | New York | 69 | - | 2021-12-06 |
| N26 | New York | 46 | - | 2021-11-18 |
| Dime Community Bank | Brooklyn | 92 | Layoff | 2020-10-30 |
| Popular Bank | New York/King/Queens | 66 | Layoff | 2020-10-30 |
| BNB Bank | Hauppauge | 31 | Layoff | 2020-10-28 |
| Santander Bank | New York | 37 | Layoff | 2020-09-30 |
| Santander Bank | Melville | 7 | Layoff | 2020-09-30 |
| Blackboard Services | New York | 116 | Closure | 2020-05-29 |
| Fisher Brothers Financial & Development | New York | 2 | Temporary Layoff | 2020-04-03 |
| Four Points by Sheraton New York Downtown Financial District | New York | 43 | Temporary Closure | 2020-03-20 |
| HSBC Bank USA | Massapequa | 1 | Closure | 2020-03-17 |
| Culinart Group | New York | 34 | Temporary Layoff | 2020-03-16 |
| Alsco | New York | 21 | Temporary Layoff | 2020-03-12 |
| Aloft Manhattan Downtown | New York | 21 | Temporary Layoff | 2020-03-12 |
Frequently Asked Questions
How many finance & insurance layoffs have occurred in New York?
There have been 339 finance & insurance WARN Act layoff notices in New York, affecting 21,983 workers.
Which finance & insurance companies have had the most layoffs in New York?
The top companies are: Sterling National Bank, Sterling National Bank & Astoria Bank, Goldman, Sachs &, Bank of America, HSBC Bank USA.
What cities in New York have the most finance & insurance layoffs?
The most affected cities are: New York, Melville, Brooklyn, Yonkers, Williamsville.
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