Connecticut Layoffs — May 2015
Employers in Connecticut submitted 5 WARN Act notices in May 2015, putting at risk an estimated 76 workers — up substantially from April and down 44% versus May 2014. The average filing covered 15 workers, with 3 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 4 | 40 |
| Transportation | 1 | 36 |
The Finance & Insurance sector emerged as the hardest-hit sector with 40 workers across 4 notices. Separately, Transportation reported 36 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Fairfield | 4 | 40 |
| Litchfield | 1 | 36 |
Fairfield bore the heaviest burden, accounting for 53% of all affected workers with 40 workers across 4 notices.
| City | Notices | Workers |
|---|---|---|
| Stamford | 4 | 40 |
| Bethlehem | 1 | 36 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 3 | 39 |
| Layoff | 2 | 37 |
The high proportion of closures (51% of affected workers) suggests structural shifts rather than temporary cutbacks in Connecticut's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| First Student | Bethlehem | 36 | Closure | |
| Royal Bank of Scotland, plc & RBS Securities | Stamford | 21 | Layoff | |
| Royal Bank of Scotland, plc & RBS Securities | Stamford | 16 | Layoff | |
| RBS Securities | Stamford | 2 | Closure | |
| RBS Securities | Stamford | 1 | Closure |
Topping the list was First Student at its Bethlehem facility, reporting 36 affected workers. Royal Bank of Scotland, plc & RBS Securities followed with 21 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
These figures highlight 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.