Iowa Layoffs — September 2015
Employers in Iowa reported 3 WARN Act notices in September 2015, displacing an estimated 442 workers — signaling a deceleration from August and up 7267% versus September 2014. The average filing covered 147 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 287 |
| Transportation | 1 | 98 |
| Manufacturing | 1 | 57 |
The Finance & Insurance sector topped the list of affected industries with 287 workers across 1 notice. Notably, Transportation reported 98 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Black Hawk | 1 | 287 |
| Linn | 1 | 98 |
| Polk | 1 | 57 |
Black Hawk bore the heaviest burden, accounting for 65% of all affected workers with 287 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Waterloo | 1 | 287 |
| Cedar Rapids | 1 | 98 |
| Johnston | 1 | 57 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 1 | 287 |
| Closure | 1 | 98 |
Closures accounted for 22% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Ocwen Loan Servicing | Waterloo | 287 | Layoff | |
| Genco | Cedar Rapids | 98 | Closure | |
| Northrup Grumman | Johnston | 57 |
The most significant filing came from Ocwen Loan Servicing at its Waterloo facility, reporting 287 affected workers. Genco followed with 98 workers.
Trend & Outlook
The numbers illustrate a mixed picture for Iowa'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 Iowa. 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 Iowa WARN notices, browse layoffs by state, or download the full dataset.