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New York Layoffs — June 2007

Employers in New York recorded 9 WARN Act notices in June 2007, covering approximately 2,626 workers — marking a sharp increase from May and up 744% versus June 2006. The average filing covered 292 workers, with 8 closures among the notices.

9
Notices Filed
2,626
Workers Affected
292
Avg per Notice
8
Closures

Industry Breakdown

Industry breakdown for New York
IndustryNoticesWorkers
Healthcare41,781
Finance & Insurance1295

The Healthcare sector accounted for the largest share of job cuts with 1,781 workers across 4 notices. At the same time, Finance & Insurance reported 295 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
New York62,239
Westchester1184
Queens1149
Nassau154

New York felt the sharpest impact, accounting for 85% of all affected workers with 2,239 workers across 6 notices.

Top cities by layoff notices
CityNoticesWorkers
New York62,239
Rye1184
Jamaica1149
Hempstead154

Layoff Type Analysis

Layoff types breakdown
TypeNoticesWorkers
Closure82,477
Layoff1149

The high proportion of closures (94% of affected workers) suggests structural shifts rather than temporary cutbacks in New York's labor market.

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
Cabrini Medical CenterNew York889Closure
St. Vincent's Midtown HospitalNew York700Closure
Prudential Financial, Inc. - Prudential Equity Group (PEG)New York295Closure
Mobius Management SystemsRye184Closure
Swissport Cargo Services and LufthansaJamaica149Layoff
Becker-Parkin Dental SupplyNew York138Closure
SONY BMG StudiosNew York137Closure
Dillon Read Capital ManagementNew York80Closure
Becker-Parkin Dental SupplyHempstead54Closure

Leading the list was Cabrini Medical Center at its New York facility, reporting 889 affected workers. St. Vincent's Midtown Hospital followed with 700 workers.

Trend & Outlook

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

The filings reflect mounting pressure on the New York labor market, with activity running above both recent and year-ago benchmarks. The Healthcare sector warrants close attention heading into the next period.

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

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