Connecticut Layoffs — May 2014
Employers in Connecticut recorded 2 WARN Act notices in May 2014, covering approximately 135 workers — marking a decline from April. The average filing covered 68 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 125 |
| Utilities | 1 | 10 |
The Finance & Insurance sector accounted for the largest share of job cuts with 125 workers across 1 notice. At the same time, Utilities reported 10 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Fairfield | 1 | 125 |
| New London | 1 | 10 |
Fairfield saw the most concentrated activity, accounting for 93% of all affected workers with 125 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Bridgeport | 1 | 125 |
| Groton | 1 | 10 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 2 | 135 |
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Citizens Bank, N.A | Bridgeport | 125 | Layoff | |
| Electric Boat | Groton | 10 | Layoff |
Leading the list was Citizens Bank, N.A at its Bridgeport facility, reporting 125 affected workers. Electric Boat followed with 10 workers.
Trend & Outlook
The filings reflect a mixed picture for Connecticut'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 Connecticut. 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 Connecticut WARN notices, browse layoffs by state, or download the full dataset.