North Carolina Layoffs — August 2024
Employers in North Carolina posted 3 WARN Act notices in August 2024, affecting an estimated 544 workers — reflecting a cooling compared to July and down 70% versus August 2023. The average filing covered 181 workers, with 2 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Arts & Entertainment | 1 | 323 |
| Manufacturing | 1 | 217 |
| Healthcare | 1 | 4 |
The Arts & Entertainment sector saw the heaviest impact with 323 workers across 1 notice. On a related front, Manufacturing reported 217 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Cabarrus | 2 | 327 |
| Iredell | 1 | 217 |
Cabarrus bore the heaviest burden, accounting for 60% of all affected workers with 327 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Kannapolis | 1 | 323 |
| Troutman | 1 | 217 |
| Concord | 1 | 4 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 2 | 540 |
| Layoff | 1 | 4 |
The high proportion of closures (99% of affected workers) suggests structural shifts rather than temporary cutbacks in North Carolina's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Stewart-Haas Racing | Kannapolis | 323 | Closure | |
| Keystone Powdered Metal | Troutman | 217 | Closure | |
| Avante Health | Concord | 4 | Layoff |
The largest notice was filed by Stewart-Haas Racing at its Kannapolis facility, reporting 323 affected workers. Keystone Powdered Metal followed with 217 workers.
Trend & Outlook
This is the third consecutive month of declining layoff activity.
The trends suggest a easing in workforce disruptions across North Carolina, with filings falling below both recent and year-ago levels. The Arts & Entertainment sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by North Carolina. 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 North Carolina WARN notices, browse layoffs by state, or download the full dataset.