Michigan Layoffs — July 2013
Employers in Michigan filed 2 WARN Act notices in July 2013, impacting roughly 392 workers — representing a pullback from June and up 409% versus July 2012. The average filing covered 196 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 324 |
| Manufacturing | 1 | 68 |
The Finance & Insurance sector led the way in workforce reductions with 324 workers across 1 notice. In a parallel development, Manufacturing reported 68 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Oakland | 1 | 324 |
| Washtenaw | 1 | 68 |
Oakland absorbed the greatest share of layoffs, accounting for 83% of all affected workers with 324 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Troy | 1 | 324 |
| Ann Arbor | 1 | 68 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 1 | 324 |
| Layoff | 1 | 68 |
The high proportion of closures (83% of affected workers) suggests structural shifts rather than temporary cutbacks in Michigan's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Flagstar Bank | Troy | 324 | Closure | |
| Terumo Heart | Ann Arbor | 68 | Layoff |
The single largest action involved Flagstar Bank at its Troy facility, reporting 324 affected workers. Terumo Heart followed with 68 workers.
Trend & Outlook
The data underscores a mixed picture for Michigan's labor market, with activity diverging between monthly and annual comparisons. The Finance & Insurance sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by Michigan. 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 Michigan WARN notices, browse layoffs by state, or download the full dataset.