Oregon Layoffs — October 2013
Employers in Oregon filed 3 WARN Act notices in October 2013, impacting roughly 202 workers — representing a pullback from September and up 85% versus October 2012. The average filing covered 67 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 2 | 151 |
| Manufacturing | 1 | 51 |
The Finance & Insurance sector led the way in workforce reductions with 151 workers across 2 notices. In a parallel development, Manufacturing reported 51 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Clackamas | 2 | 143 |
| Washington | 1 | 59 |
Clackamas was the epicenter of layoff activity, accounting for 71% of all affected workers with 143 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Portland | 2 | 143 |
| Hillsboro | 1 | 59 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 2 | 151 |
| Closure | 1 | 51 |
Closures accounted for 25% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Wells Fargo Home Mortgage Retail Retail | Portland | 92 | Layoff | |
| Bank of America | Hillsboro | 59 | Layoff | |
| American Bridge Manufacturing | Portland | 51 | Closure |
The single largest action involved Wells Fargo Home Mortgage Retail Retail at its Portland facility, reporting 92 affected workers. Bank of America followed with 59 workers.
Trend & Outlook
The data underscores a mixed picture for Oregon'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 Oregon. 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 Oregon WARN notices, browse layoffs by state, or download the full dataset.