Connecticut Layoffs — October 2016
Employers in Connecticut posted 2 WARN Act notices in October 2016, affecting an estimated 203 workers — reflecting a significant uptick compared to September and down 72% versus October 2015. The average filing covered 102 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Accommodation & Food | 1 | 163 |
| Finance & Insurance | 1 | 40 |
The Accommodation & Food sector saw the heaviest impact with 163 workers across 1 notice. On a related front, Finance & Insurance reported 40 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Fairfield | 2 | 203 |
Fairfield saw the most concentrated activity, accounting for 100% of all affected workers with 203 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Stamford | 2 | 203 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 1 | 40 |
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Marriott International | Stamford | 163 | ||
| Royal Bank of Scotland, Plc and RBS Securities Inc. | Stamford | 40 | Layoff |
The largest notice was filed by Marriott International at its Stamford facility, reporting 163 affected workers. Royal Bank of Scotland, Plc and RBS Securities Inc. followed with 40 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The trends suggest a mixed picture for Connecticut's labor market, with activity diverging between monthly and annual comparisons. The Accommodation & Food 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.