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Connecticut Layoffs — March 2017

Employers in Connecticut reported 7 WARN Act notices in March 2017, displacing an estimated 109 workers — signaling a deceleration from February and down 33% versus March 2016. The average filing covered 16 workers, with 4 closures among the notices.

7
Notices Filed
109
Workers Affected
16
Avg per Notice
4
Closures

Industry Breakdown

Industry breakdown for Connecticut
IndustryNoticesWorkers
Manufacturing165
Retail426
Finance & Insurance218

The Manufacturing sector topped the list of affected industries with 65 workers across 1 notice. Notably, Retail reported 26 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
New Haven273
Fairfield218
Hartford213
New London15

New Haven was the epicenter of layoff activity, accounting for 67% of all affected workers with 73 workers across 2 notices.

Top cities by layoff notices
CityNoticesWorkers
Orange165
Stamford218
New Haven18
Bloomfield17
West Hartford16

Layoff Type Analysis

Layoff types breakdown
TypeNoticesWorkers
Closure426
Layoff19

Closures accounted for 24% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
Valley Tool & ManufacturingOrange65
Royal Bank of Scotland, Plc and RBS Securities Inc.Stamford9Layoff
Royal Bank of Scotland Plc and RBS SecuritiesStamford9
Dollar ExpressNew Haven8Closure
Dollar ExpressBloomfield7Closure
Dollar ExpressWest Hartford6Closure
Dollar ExpressGroton5Closure

The most significant filing came from Valley Tool & Manufacturing at its Orange facility, reporting 65 affected workers. Royal Bank of Scotland, Plc and RBS Securities Inc. followed with 9 workers.

Trend & Outlook

The numbers illustrate a easing in workforce disruptions across Connecticut, with filings falling below both recent and year-ago levels. 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.

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