Finance & Insurance Layoffs in Virginia
Tracking 39 finance & insurance WARN Act layoff notices affecting 3,716 workers in Virginia. Data from official state workforce agency filings, updated daily.
39
Total Notices
3,716
Workers Affected
15
Cities
15
Companies
Top Companies — Finance & Insurance Layoffs in Virginia
| Company | Notices | Workers Affected |
|---|---|---|
| TitleMax of Virginia | 6 | 176 |
| Bank of America | 4 | 336 |
| Wells Fargo | 2 | 379 |
| Eastern Specialty Finance | 2 | 9 |
| Genworth Financial | 2 | 378 |
| SMBC Manubank | 1 | 6 |
| Portfolio Recovery Associates | 1 | 123 |
| Essex Bank | 1 | 51 |
| Capital One | 1 | 147 |
| Genworth | 1 | 95 |
| First Source | 1 | 49 |
| Crescent Bank & Trust | 1 | 187 |
| Live Well Financial | 1 | 103 |
| Union Bank & Trust | 1 | 46 |
| Cardinal Bank | 1 | 60 |
Finance & Insurance Layoffs by City in Virginia
| City | Notices | Workers Affected |
|---|---|---|
| Richmond | 12 | 1,105 |
| Norfolk | 3 | 256 |
| Hampton | 2 | 423 |
| Lynchburg | 2 | 123 |
| Charlottesville | 2 | 20 |
| McLean | 2 | 127 |
| Chesapeake | 2 | 419 |
| Fairfax | 2 | 52 |
| Danville | 1 | 123 |
| Henrico | 1 | 51 |
| Glen Allen | 1 | 320 |
| Arlington | 1 | 46 |
| Galax | 1 | 17 |
| Cheseapeake | 1 | 187 |
| Leesburg | 1 | 46 |
Latest Finance & Insurance Layoff Notices in Virginia
| Company | City | Employees | Type | Notice Date |
|---|---|---|---|---|
| SMBC Manubank | Richmond | 6 | Closure | 2026-01-08 |
| Portfolio Recovery Associates | Danville | 123 | Closure | 2023-07-18 |
| Essex Bank | Henrico | 51 | Closure | 2021-10-29 |
| Capital One | Richmond | 147 | Layoff | 2021-06-30 |
| Genworth | Richmond | 95 | Layoff | 2021-01-26 |
| Wells Fargo | Glen Allen | 320 | Layoff | 2021-01-21 |
| TitleMax of Virginia | Hampton | 55 | Closure | 2020-11-30 |
| TitleMax of Virginia | Lynchburg | 38 | Closure | 2020-11-30 |
| TitleMax of Virginia | Charlottesville | 10 | Closure | 2020-11-30 |
| TitleMax of Virginia | Arlington | 46 | Closure | 2020-11-30 |
| TitleMax of Virginia | Galax | 17 | Closure | 2020-11-30 |
| TitleMax of Virginia | Charlottesville | 10 | Closure | 2020-11-30 |
| Eastern Specialty Finance | Norfolk | 5 | Layoff | 2020-04-21 |
| Eastern Specialty Finance | Richmond | 4 | Layoff | 2020-04-21 |
| First Source | Norfolk | 49 | Layoff | 2020-03-25 |
| Crescent Bank & Trust | Cheseapeake | 187 | Layoff | 2019-11-05 |
| Live Well Financial | Richmond | 103 | Closure | 2019-05-03 |
| Union Bank & Trust | Leesburg | 46 | Layoff | 2019-02-27 |
| Cardinal Bank | McLean | 60 | Layoff | 2017-04-10 |
| Chubb | Salem | 71 | Closure | 2016-10-28 |
Frequently Asked Questions
How many finance & insurance layoffs have occurred in Virginia?
There have been 39 finance & insurance WARN Act layoff notices in Virginia, affecting 3,716 workers.
Which finance & insurance companies have had the most layoffs in Virginia?
The top companies are: TitleMax of Virginia, Bank of America, Wells Fargo, Eastern Specialty Finance, Genworth Financial.
What cities in Virginia have the most finance & insurance layoffs?
The most affected cities are: Richmond, Norfolk, Hampton, Lynchburg, Charlottesville.
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