New York Layoffs — November 2011
Employers in New York reported 37 WARN Act notices in November 2011, displacing an estimated 3,800 workers — signaling an acceleration from October and up 260% versus November 2010. The average filing covered 103 workers, with 26 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 5 | 565 |
| Accommodation & Food | 2 | 215 |
| Manufacturing | 4 | 178 |
| Education | 1 | 51 |
| Admin & Support Services | 1 | 46 |
| Information & Technology | 1 | 32 |
| Healthcare | 3 | 4 |
The Finance & Insurance sector topped the list of affected industries with 565 workers across 5 notices. Notably, Accommodation & Food reported 215 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| New York | 10 | 1,206 |
| Hempstead | 6 | 1,139 |
| Erie | 6 | 772 |
| Monroe | 3 | 126 |
| Rockland | 1 | 110 |
New York was the epicenter of layoff activity, accounting for 32% of all affected workers with 1,206 workers across 10 notices.
| City | Notices | Workers |
|---|---|---|
| New York | 10 | 1,206 |
| Garden City | 1 | 981 |
| Amherst | 4 | 668 |
| Westbury | 4 | 151 |
| Rochester | 3 | 126 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 24 | 1,986 |
| Layoff | 11 | 1,599 |
| Temporary Closure | 2 | 215 |
The high proportion of closures (58% of affected workers) suggests structural shifts rather than temporary cutbacks in New York's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Metropolitan Suburban Bus Authority (MTA LI Bus) | Garden City | 981 | Layoff | |
| Pillar Processing | Amherst | 586 | Closure | |
| Credit Suisse Securities (USA) | New York | 268 | Layoff | |
| MF Global Holdings USA | New York | 212 | Closure | |
| Syms Corp/ Filene's Basement | New York | 174 | Closure | |
| Algonquin Hotel | New York | 160 | Temporary Closure | |
| Syms Corp/ Filene's Basement | New York | 136 | Closure | |
| SkillSoft Corporation/Element K | Rochester | 115 | Layoff | |
| Dolce International/Palisades | Palisades | 110 | Closure | |
| LF USA - Design Support and Production | New York | 85 | Layoff | |
| Crawford Furniture Manufacturing | Jamestown | 84 | Closure | |
| American Axle & Manufacturing | Cheektowaga | 83 | Closure | |
| Syms Corp/ Filene's Basement | Elmsford | 74 | Closure | |
| Steven J. Baum, P.C | Amherst | 67 | Closure | |
| Syms Corp/ Filene's Basement | New York | 66 | Closure |
The most significant filing came from Metropolitan Suburban Bus Authority (MTA LI Bus) at its Garden City facility, reporting 981 affected workers. Pillar Processing followed with 586 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The numbers illustrate mounting pressure on the New York 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 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.