Ohio Layoffs — August 2013
Employers in Ohio filed 9 WARN Act notices in August 2013, impacting roughly 2,391 workers — representing a notable rise over July and up 288% versus August 2012. The average filing covered 266 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 6 | 1,365 |
| Manufacturing | 2 | 932 |
| Transportation | 1 | 94 |
The Finance & Insurance sector led the way in workforce reductions with 1,365 workers across 6 notices. In a parallel development, Manufacturing reported 932 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Cuyahoga | 3 | 1,107 |
| Monroe | 1 | 901 |
| Franklin | 2 | 191 |
| Hamilton | 1 | 98 |
| Butler | 1 | 63 |
Cuyahoga absorbed the greatest share of layoffs, accounting for 46% of all affected workers with 1,107 workers across 3 notices.
| City | Notices | Workers |
|---|---|---|
| Beachwood | 1 | 997 |
| Hannibal | 1 | 901 |
| Columbus | 2 | 191 |
| Cincinnati | 1 | 98 |
| West Chester | 1 | 63 |
Layoff Type Analysis
Layoff type classification was not available for filings in Ohio this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Bank of America | Beachwood | 997 | ||
| Ormet | Hannibal | 901 | ||
| Bank of America | Cincinnati | 98 | ||
| JPMorgan Chase (Mortgage Bank) | Columbus | 97 | ||
| CSC Worldwide | Columbus | 94 | ||
| Wells Fargo (Home Mortgage Northeast Retail Fulfillment Group) | West Chester | 63 | ||
| Park View Federal Savings Bank (First National Bank) | Solon | 57 | ||
| Bank of America | Independence | 53 | ||
| General Dynamics | Springboro | 31 |
The single largest action involved Bank of America at its Beachwood facility, reporting 997 affected workers. Ormet followed with 901 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The data underscores mounting pressure on the Ohio 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 Ohio. 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 Ohio WARN notices, browse layoffs by state, or download the full dataset.