New York Layoffs — July 2012
Employers in New York submitted 23 WARN Act notices in July 2012, putting at risk an estimated 1,178 workers — down from June and up 8% versus July 2011. The average filing covered 51 workers, with 8 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Transportation | 4 | 256 |
| Finance & Insurance | 2 | 198 |
| Accommodation & Food | 2 | 157 |
| Manufacturing | 1 | 55 |
| Professional Services | 1 | 5 |
The Transportation sector emerged as the hardest-hit sector with 256 workers across 4 notices. Separately, Finance & Insurance reported 198 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| New York | 3 | 258 |
| Queens | 5 | 199 |
| Monroe | 3 | 142 |
| Orange | 1 | 118 |
| Hempstead | 1 | 100 |
New York saw the most concentrated activity, accounting for 22% of all affected workers with 258 workers across 3 notices.
| City | Notices | Workers |
|---|---|---|
| New York | 3 | 258 |
| Jamaica | 4 | 163 |
| Rochester | 3 | 142 |
| Walden | 1 | 118 |
| Uniondale | 1 | 100 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 8 | 687 |
| Layoff | 15 | 491 |
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 |
|---|---|---|---|---|
| Credit Suisse Securities (USA) | New York | 138 | Layoff | |
| American Resort Management, LLC at the Holiday Inn Rochester Airport | Rochester | 135 | Closure | |
| Thruway Food Markets and Shopping Center | Walden | 118 | Closure | |
| American Airlines | Jamaica | 111 | Layoff | |
| Citigroup Inc. (Consumer Operations) | Uniondale | 100 | Closure | |
| AFA Foods | Ashville | 100 | Closure | |
| HSBC Bank | New York | 98 | Closure | |
| Chestnut Ridge Transportation, Inc. (CRT) | Spring Valley | 70 | Layoff | |
| Slater's Great American Marketplace | Cairo | 61 | Closure | |
| B/E Aerospace | Holtsville | 55 | Layoff | |
| Colgan Air | Albany | 53 | Closure | |
| North American Airlines, Inc. (Administrative Services Unit) | Jamaica | 39 | Layoff | |
| American Airlines | Flushing | 36 | Layoff | |
| 152 W 34 Inc. Pizza Hut/Tim Horton's | New York | 22 | Closure | |
| SCO Family of Services @ The Renaissance | Brooklyn | 8 | Layoff |
Topping the list was Credit Suisse Securities (USA) at its New York facility, reporting 138 affected workers. American Resort Management, LLC at the Holiday Inn Rochester Airport followed with 135 workers.
Trend & Outlook
This is the third consecutive month of declining layoff activity.
These figures highlight a mixed picture for New York's labor market, with activity diverging between monthly and annual comparisons. The Transportation 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.