New York Layoffs — February 2014
Employers in New York posted 32 WARN Act notices in February 2014, affecting an estimated 1,423 workers — reflecting a cooling compared to January and down 44% versus February 2013. The average filing covered 44 workers, with 14 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 9 | 289 |
| Transportation | 3 | 270 |
| Manufacturing | 6 | 248 |
| Healthcare | 7 | 113 |
| Retail | 1 | 43 |
| Information & Technology | 1 | 29 |
The Finance & Insurance sector saw the heaviest impact with 289 workers across 9 notices. On a related front, Transportation reported 270 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Suffolk | 5 | 442 |
| Broome | 1 | 171 |
| Erie | 1 | 135 |
| Westchester | 1 | 128 |
| New York | 7 | 120 |
Suffolk felt the sharpest impact, accounting for 31% of all affected workers with 442 workers across 5 notices.
| City | Notices | Workers |
|---|---|---|
| Binghamton | 1 | 171 |
| Central Islip | 1 | 153 |
| Amherst | 1 | 135 |
| White Plains | 1 | 128 |
| New York | 7 | 120 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 14 | 871 |
| Layoff | 18 | 552 |
The high proportion of closures (61% of affected workers) suggests structural shifts rather than temporary cutbacks in New York's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Sourcecorp BPS | Binghamton | 171 | Layoff | |
| Cellu Tissue Long Island, LLC dba Clearwater Papers | Central Islip | 153 | Closure | |
| PHH Mortgage | Amherst | 135 | Layoff | |
| Ground Handling, Inc. (Westchester County Airport) | White Plains | 128 | Closure | |
| National Freight | Johnstown | 112 | Closure | |
| Baumann & Sons Buses | Copiague | 100 | Layoff | |
| Transamerica Financial Life Insurance | Edgewood | 79 | Closure | |
| Premier Lakewood | Lakewood | 75 | Closure | |
| Acme Bus | Coram | 58 | Layoff | |
| DE Capital Mortgage | Babylon | 52 | Closure | |
| Jones Hirsch Connors Miller & Bull P.C | New York | 50 | Closure | |
| Dots | New York | 43 | Closure | |
| St. Mary's Hospital for Children, Inc. Early Intervention Program | Staten Island | 42 | Closure | |
| Eastman Kodak Company (Eastman Park) | Rochester | 37 | Layoff | |
| Dr. Pepper Snapple Group DPSG | Newburgh | 35 | Closure |
The largest notice was filed by Sourcecorp BPS at its Binghamton facility, reporting 171 affected workers. Cellu Tissue Long Island, LLC dba Clearwater Papers followed with 153 workers.
Trend & Outlook
This is the third consecutive month of declining layoff activity.
The trends suggest a easing in workforce disruptions across New York, 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 New York. 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 New York WARN notices, browse layoffs by state, or download the full dataset.