Oregon Layoffs — August 2023
Employers in Oregon submitted 12 WARN Act notices in August 2023, putting at risk an estimated 746 workers — up substantially from July and up 152% versus August 2022. The average filing covered 62 workers, with 2 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 319 |
| Manufacturing | 2 | 73 |
| Information & Technology | 1 | 52 |
The Finance & Insurance sector emerged as the hardest-hit sector with 319 workers across 1 notice. Separately, Manufacturing reported 73 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Washington | 9 | 621 |
| Columbia | 1 | 72 |
| Union | 1 | 1 |
Washington felt the sharpest impact, accounting for 83% of all affected workers with 621 workers across 9 notices.
| City | Notices | Workers |
|---|---|---|
| Beaverton | 1 | 319 |
| Hillsboro | 8 | 302 |
| St. Helens | 1 | 72 |
| Elgin | 1 | 1 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 10 | 622 |
| Closure | 2 | 124 |
Closures accounted for 17% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Wells Fargo Bank N.A | Beaverton | 319 | Layoff | |
| Walker Rd - Hillsboro | Hillsboro | 158 | Layoff | |
| Cascades Tissue Group - St Helens Paper | St. Helens | 72 | Closure | |
| Bennett St. - Hillsboro | Hillsboro | 71 | Layoff | |
| Walker Rd - Hillsboro | Hillsboro | 62 | Layoff | |
| Centerra | 52 | Closure | ||
| Bennett St. - Hillsboro | Hillsboro | 3 | Layoff | |
| Walker Rd - Hillsboro | Hillsboro | 3 | Layoff | |
| Walker Rd - Hillsboro | Hillsboro | 2 | Layoff | |
| Bennett St. - Hillsboro | Hillsboro | 2 | Layoff | |
| Boise Cascade Elgin Plywood Mill | Elgin | 1 | Layoff | |
| Walker Rd - Hillsboro | Hillsboro | 1 | Layoff |
Topping the list was Wells Fargo Bank N.A at its Beaverton facility, reporting 319 affected workers. Walker Rd - Hillsboro followed with 158 workers.
Trend & Outlook
This marks the third consecutive month of rising layoff activity.
These figures highlight mounting pressure on the Oregon labor market, with activity running above both recent and year-ago benchmarks. The Finance & Insurance sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by Oregon. 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 Oregon WARN notices, browse layoffs by state, or download the full dataset.