Tennessee Layoffs — August 2024
Employers in Tennessee posted 3 WARN Act notices in August 2024, affecting an estimated 356 workers — reflecting a significant uptick compared to July and up 63% versus August 2023. The average filing covered 119 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 1 | 223 |
| Information & Technology | 1 | 115 |
| Transportation | 1 | 18 |
The Manufacturing sector saw the heaviest impact with 223 workers across 1 notice. On a related front, Information & Technology reported 115 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Knox | 2 | 338 |
| Shelby | 1 | 18 |
Knox absorbed the greatest share of layoffs, accounting for 95% of all affected workers with 338 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Knox County | 1 | 223 |
| Knoxville | 1 | 115 |
| Shelby County | 1 | 18 |
Layoff Type Analysis
Layoff type classification was not available for filings in Tennessee this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| EXEDY America | Knox County | 223 | ||
| Technical Response | Knoxville | 115 | ||
| Mid-South Transportation Management | Shelby County | 18 |
The largest notice was filed by EXEDY America at its Knox County facility, reporting 223 affected workers. Technical Response followed with 115 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The trends suggest mounting pressure on the Tennessee labor market, with activity running above both recent and year-ago benchmarks. The Manufacturing sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by Tennessee. 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 Tennessee WARN notices, browse layoffs by state, or download the full dataset.