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North Carolina Layoffs — October 2024

Employers in North Carolina submitted 5 WARN Act notices in October 2024, putting at risk an estimated 266 workers — up substantially from September and down 74% versus October 2023. The average filing covered 53 workers, with 2 closures among the notices.

5
Notices Filed
266
Workers Affected
53
Avg per Notice
2
Closures

Industry Breakdown

Industry breakdown for North Carolina
IndustryNoticesWorkers
Manufacturing4207
Professional Services159

The Manufacturing sector emerged as the hardest-hit sector with 207 workers across 4 notices. Separately, Professional Services reported 59 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Craven1117
Iredell174
Granville159
Wake114
Halifax12

Craven was the epicenter of layoff activity, accounting for 44% of all affected workers with 117 workers across 1 notices.

Top cities by layoff notices
CityNoticesWorkers
New Bern1117
Statesville174
Oxford159
Raleigh114
Richmond12

Layoff Type Analysis

Layoff types breakdown
TypeNoticesWorkers
Layoff3133
Closure2133

Closures accounted for 50% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
Dradura USANew Bern117Layoff
International PaperStatesville74Closure
A.I.M ReconOxford59Closure
Sage TherapeuticsRaleigh14Layoff
KaleoRichmond2Layoff

Topping the list was Dradura USA at its New Bern facility, reporting 117 affected workers. International Paper followed with 74 workers.

Trend & Outlook

After a dip last month, layoff activity has ticked back up.

These figures highlight a mixed picture for North Carolina's labor market, with activity diverging between monthly and annual comparisons. The Manufacturing 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.

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