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Virginia Layoffs — May 2014

Employers in Virginia reported 8 WARN Act notices in May 2014, displacing an estimated 814 workers — signaling an acceleration from April and up 74% versus May 2013. The average filing covered 102 workers, with 3 closures among the notices.

8
Notices Filed
814
Workers Affected
102
Avg per Notice
3
Closures

Industry Breakdown

Industry breakdown for Virginia
IndustryNoticesWorkers
Information & Technology2241
Transportation1213
Mining & Energy1180
Manufacturing2130
Accommodation & Food145
Finance & Insurance15

The Information & Technology sector topped the list of affected industries with 241 workers across 2 notices. Notably, Transportation reported 213 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Loudoun1213
Pulaski1180
Chesapeake1172
Chesterfield278
Fairfax169

Loudoun felt the sharpest impact, accounting for 26% of all affected workers with 213 workers across 1 notices.

Top cities by layoff notices
CityNoticesWorkers
Sterling1213
Pulaski1180
Cheseapeake1172
Chester173
Fairfax169

Layoff Type Analysis

Layoff types breakdown
TypeNoticesWorkers
Layoff5520
Closure3294

Closures accounted for 36% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
U.S. Aviation ServicesSterling213Layoff
Caterpillar Global Mining AmericaPulaski180Closure
Cox CommunicationsCheseapeake172Layoff
Carl Zeiss VisionChester73Layoff
Electronic ArtsFairfax69Closure
Northrop Grumman CoporationVirginia Beach57Layoff
SodexoRoanoke45Closure
Bank of AmericaRichmond5Layoff

The most significant filing came from U.S. Aviation Services at its Sterling facility, reporting 213 affected workers. Caterpillar Global Mining America followed with 180 workers.

Trend & Outlook

After a dip last month, layoff activity has ticked back up.

The numbers illustrate mounting pressure on the Virginia labor market, with activity running above both recent and year-ago benchmarks. The Information & Technology 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.

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