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US Layoffs — February 2023

The US labor market showed continued flux as employers filed 324 WARN Act notices in February 2023, impacting roughly 29,296 workers — representing a pullback from January and up 254% versus February 2022. Filings came from 37 states and territories, with an average of 90 workers per notice.

324
Total Notices
29,296
Workers Affected
37
States Reporting
90
Avg per Notice
62
Closures

Top States by Workers Affected

State-by-state layoff summary
StateNoticesWorkers
California14612,305
Texas262,186
New Jersey101,875
Georgia101,603
Alabama5911
Washington8891
Tennessee6835
Illinois7831
Massachusetts9721
Florida10712
Maryland7593
South Carolina6591
Oregon2580
Arizona9530
Iowa11401
North Carolina8388
Idaho2346
New Mexico2308
Montana2301
Wisconsin4284
Louisiana3271
Colorado4267
Maine1234
New Hampshire2209
Pennsylvania3207
Ohio3197
Mississippi1150
Minnesota4145
Kentucky176
Hawaii169
Connecticut164
Missouri163
Indiana160
North Dakota153
Oklahoma219
Utah114
Nevada46

California led the nation with 12,305 workers affected across 146 notices , followed by Texas (2,186 workers) and New Jersey (1,875 workers) .

Industry Breakdown

Industry breakdown
IndustryNoticesWorkers
Manufacturing736,965
Information & Technology474,191
Retail253,735
Healthcare442,545
Transportation182,018
Professional Services141,723
Finance & Insurance241,368
Accommodation & Food6941
Utilities3615
Wholesale Trade3507

The Manufacturing sector led the way in workforce reductions with 6,965 workers across 73 notices. In a parallel development, Information & Technology reported 4,191 workers.

Layoff Type Analysis

Layoff types breakdown
TypeNoticesWorkers
Layoff14810,601
Closure617,245
Temporary Closure185
Temporary Layoff151

Closures accounted for 25% of all affected workers nationally, with the majority of events being layoffs rather than full closures.

Largest Layoffs

Largest layoff notices
CompanyLocationWorkersType
MicrosoftRedmond, Washington617Layoff
Sorrento TherapeuticsSan Diego, California538Closure
Bechtel PowerGeorgia536
Markstein BeverageSacramento, California503Closure
Misfits MarketDelanco, New Jersey446
Walmart Store #2552Portland, Oregon379Closure
Bed Bath & BeyondUnion, New Jersey377
Sutter Street ManufacturingCity of Industry, California364Closure
WalmartFort Worth, Texas363
PayPalSan Jose, California319Layoff

The single largest action involved Microsoft in Redmond, Washington, reporting 617 affected workers. Sorrento Therapeutics followed with 538 workers.

Trend & Outlook

The data underscores a mixed picture for the nation's labor market, with activity diverging between monthly and annual comparisons. The Manufacturing sector warrants close attention heading into the next period.

This report covers all WARN Act filings with notice dates in February 2023. The Worker Adjustment and Retraining Notification Act requires employers with 100+ employees to provide 60-day advance notice of mass layoffs and plant closings. Data is sourced from official state filings and updated daily by WARN Firehose, which also tracks SEC 8-K filings, bankruptcy proceedings, H-1B visa petitions, and unemployment claims across all six datasets. API access and data exports available.

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