Oregon Layoffs — August 2023
Employers in Oregon reported 12 WARN Act notices in August 2023, displacing an estimated 746 workers — signaling an acceleration 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 topped the list of affected industries with 319 workers across 1 notice. Notably, Manufacturing reported 73 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Washington | 9 | 621 |
| Columbia | 1 | 72 |
| Union | 1 | 1 |
Washington bore the heaviest burden, 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 |
The most significant filing came from 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.
The numbers illustrate 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.