Connecticut Layoffs — August 2016
Employers in Connecticut logged 4 WARN Act notices in August 2016, involving roughly 645 workers — climbing above July and up 2% versus August 2015. The average filing covered 161 workers, with 2 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Information & Technology | 2 | 587 |
| Manufacturing | 1 | 39 |
| Finance & Insurance | 1 | 19 |
The Information & Technology sector dominated layoff filings with 587 workers across 2 notices. Meanwhile, Manufacturing reported 39 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Fairfield | 3 | 606 |
| New London | 1 | 39 |
Fairfield was the epicenter of layoff activity, accounting for 94% of all affected workers with 606 workers across 3 notices.
| City | Notices | Workers |
|---|---|---|
| Shelton | 1 | 482 |
| Stratford | 1 | 105 |
| Mystic | 1 | 39 |
| Stamford | 1 | 19 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 2 | 587 |
| Layoff | 1 | 19 |
The high proportion of closures (91% of affected workers) suggests structural shifts rather than temporary cutbacks in Connecticut's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| CSC Holdings | Shelton | 482 | Closure | |
| CSC Holdings | Stratford | 105 | Closure | |
| Monsanto | Mystic | 39 | ||
| Royal Bank of Scotland, Plc and RBS Securities Inc. | Stamford | 19 | Layoff |
The biggest impact was at CSC Holdings at its Shelton facility, reporting 482 affected workers. CSC Holdings followed with 105 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
This data points to mounting pressure on the Connecticut 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 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.