Virginia Layoffs — August 2013
Employers in Virginia filed 1 WARN Act notices in August 2013, impacting roughly 50 workers — representing a notable rise over July and down 94% versus August 2012. The average filing covered 50 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 50 |
The Finance & Insurance sector led the way in workforce reductions with 50 workers across 1 notice.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Fairfax | 1 | 50 |
Fairfax bore the heaviest burden, accounting for 100% of all affected workers with 50 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Fairfax | 1 | 50 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 1 | 50 |
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Bank of America | Fairfax | 50 | Layoff |
The single largest action involved Bank of America at its Fairfax facility, reporting 50 affected workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The data underscores a mixed picture for Virginia'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 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.