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Virginia Layoffs — February 2013

Employers in Virginia submitted 7 WARN Act notices in February 2013, putting at risk an estimated 558 workers — down from January and down 55% versus February 2012. The average filing covered 80 workers, with 5 closures among the notices.

7
Notices Filed
558
Workers Affected
80
Avg per Notice
5
Closures

Industry Breakdown

Industry breakdown for Virginia
IndustryNoticesWorkers
Finance & Insurance1164
Agriculture1102
Professional Services196
Mining & Energy184
Utilities262
Retail150

The Finance & Insurance sector emerged as the hardest-hit sector with 164 workers across 1 notice. Separately, Agriculture reported 102 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Chesapeake City1164
Wise1102
Prince George196
Norton City184
Buchanan151

Chesapeake City bore the heaviest burden, accounting for 29% of all affected workers with 164 workers across 1 notices.

Top cities by layoff notices
CityNoticesWorkers
Chesapeake1164
Appalachia1102
Fort Lee196
Norton184
Oakwood151

Layoff Type Analysis

Layoff types breakdown
TypeNoticesWorkers
Closure5412
Layoff2146

The high proportion of closures (74% of affected workers) suggests structural shifts rather than temporary cutbacks in Virginia's labor market.

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
HsbcChesapeake164Closure
Alpha Natural Resources (Mill Branch Coal Corp)Appalachia102Closure
Advanced Federal ServicesFort Lee96Layoff
Alpha Natural Resources (Paramont Coal Company Virginia, LLC)Norton84Closure
SunCoke Energy, Inc. (Jewell Coal Mine)Oakwood51Closure
Stage Stores (Peebles)South Hill50Layoff
NRG EnergyAlexandria11Closure

Topping the list was Hsbc at its Chesapeake facility, reporting 164 affected workers. Alpha Natural Resources (Mill Branch Coal Corp) followed with 102 workers.

Trend & Outlook

These figures highlight a easing in workforce disruptions across Virginia, with filings falling below both recent and year-ago levels. The Finance & Insurance sector warrants close attention heading into the next period.

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

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