Connecticut Layoffs — February 2017
Employers in Connecticut submitted 3 WARN Act notices in February 2017, putting at risk an estimated 112 workers — up substantially from January and down 54% versus February 2016. The average filing covered 37 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 1 | 92 |
| Finance & Insurance | 2 | 20 |
The Manufacturing sector emerged as the hardest-hit sector with 92 workers across 1 notice. Separately, Finance & Insurance reported 20 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Middlesex | 1 | 92 |
| Fairfield | 2 | 20 |
Middlesex absorbed the greatest share of layoffs, accounting for 82% of all affected workers with 92 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Old Saybrook | 1 | 92 |
| Stamford | 2 | 20 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 1 | 92 |
| Layoff | 1 | 10 |
The high proportion of closures (82% of affected workers) suggests structural shifts rather than temporary cutbacks in Connecticut's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Fortune Plastics | Old Saybrook | 92 | Closure | |
| Royal Bank of Scotland, Plc and RBS Securities Inc. | Stamford | 10 | Layoff | |
| Royal Bank of Scotland Plc and RBS Securities | Stamford | 10 |
Topping the list was Fortune Plastics at its Old Saybrook facility, reporting 92 affected workers. Royal Bank of Scotland, Plc and RBS Securities Inc. followed with 10 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 Manufacturing 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.