Rhode Island Layoffs — August 2023
Employers in Rhode Island filed 4 WARN Act notices in August 2023, impacting roughly 868 workers — representing a notable rise over July. The average filing covered 217 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Healthcare | 3 | 816 |
| Manufacturing | 1 | 52 |
The Healthcare sector led the way in workforce reductions with 816 workers across 3 notices. In a parallel development, Manufacturing reported 52 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Providence | 3 | 816 |
| Bristol | 1 | 52 |
Providence was the epicenter of layoff activity, accounting for 94% of all affected workers with 816 workers across 3 notices.
| City | Notices | Workers |
|---|---|---|
| Cumberland | 3 | 816 |
| Warren | 1 | 52 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 1 | 309 |
| Closure | 1 | 52 |
Closures accounted for 6% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| CVS Health | Cumberland | 309 | Layoff | |
| CVS Health | Cumberland | 309 | ||
| CVS Health | Cumberland | 198 | ||
| TPI Composites | Warren | 52 | Closure |
The single largest action involved CVS Health at its Cumberland facility, reporting 309 affected workers. CVS Health followed with 309 workers.
Trend & Outlook
This marks the third consecutive month of rising layoff activity.
The data underscores mounting pressure on the Rhode Island labor market, with activity running above both recent and year-ago benchmarks. The Healthcare sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by Rhode Island. 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 Rhode Island WARN notices, browse layoffs by state, or download the full dataset.