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New York Layoffs — October 2015

Employers in New York recorded 26 WARN Act notices in October 2015, covering approximately 1,910 workers — marking a decline from September and down 59% versus October 2014. The average filing covered 73 workers, with 17 closures among the notices.

26
Notices Filed
1,910
Workers Affected
73
Avg per Notice
17
Closures

Industry Breakdown

Industry breakdown for New York
IndustryNoticesWorkers
Healthcare4338
Finance & Insurance4152
Accommodation & Food2139
Utilities1128
Retail145
Agriculture138
Professional Services12

The Healthcare sector accounted for the largest share of job cuts with 338 workers across 4 notices. At the same time, Finance & Insurance reported 152 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
New York9884
Monroe6283
Suffolk2151
Nassau2143
Washington1128

New York was the epicenter of layoff activity, accounting for 46% of all affected workers with 884 workers across 9 notices.

Top cities by layoff notices
CityNoticesWorkers
New York9884
Rochester6283
Fort Edward1128
Flushing1113
Copiague1109

Layoff Type Analysis

Layoff types breakdown
TypeNoticesWorkers
Closure161,741
Temporary Closure1115
Layoff954

The high proportion of closures (97% of affected workers) suggests structural shifts rather than temporary cutbacks in New York's labor market.

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
Sentry SafeRochester272Closure
Barclays Capital Inc. - Wealth and Investment Management DivisionNew York268Closure
Health Republic Insurance of New YorkNew York147Closure
General ElectricFort Edward128Closure
Union Square Café - Union Square Hospitality GroupNew York115Temporary Closure
Hunter Ambulette-AmbulanceFlushing113Closure
Jewish Board of Family and Children Services - The Copiague Mental Health Clinic and PROS Possibilities (and other Suffolk County Programs)Copiague109Closure
Binder & BinderBronx109Closure
New York SkylineNew York90Closure
Barclays Capital Inc. - Wealth and Investment Management DivisionNew York85Closure
Jewish Board of Family and Children Services - Hempstead Mental Health ClinicHempstead72Closure
CMG YOTEL NYC LLC - CGM YOTEL (East & West)New York71Closure
Hillstone Restaurant Group, Inc. d/b/a Houston's RestaurantGarden City71Closure
Brasserie Restaurant, LLC owned by Patina Restaurant GroupNew York68Closure
Drew's FoodBrooklyn51Closure

Leading the list was Sentry Safe at its Rochester facility, reporting 272 affected workers. Barclays Capital Inc. - Wealth and Investment Management Division followed with 268 workers.

Trend & Outlook

This is the third consecutive month of declining layoff activity.

The filings reflect a easing in workforce disruptions across New York, with filings falling below both recent and year-ago levels. The Healthcare 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.

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