Oregon Layoffs — December 2024
Employers in Oregon posted 12 WARN Act notices in December 2024, affecting an estimated 2,139 workers — reflecting a significant uptick compared to November and up 1625% versus December 2023. The average filing covered 178 workers, with 5 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 5 | 1,651 |
| Retail | 2 | 174 |
| Manufacturing | 2 | 91 |
| Education | 1 | 1 |
The Finance & Insurance sector saw the heaviest impact with 1,651 workers across 5 notices. On a related front, Retail reported 174 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Washington | 2 | 1,000 |
| Clackamas | 5 | 605 |
| Marion | 2 | 442 |
| Gilliam | 2 | 91 |
| Multnomah | 1 | 1 |
Washington was the epicenter of layoff activity, accounting for 47% of all affected workers with 1,000 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Portland | 4 | 518 |
| Hillsboro | 1 | 500 |
| Beaverton | 1 | 500 |
| Salem | 2 | 442 |
| Peoria | 2 | 91 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 5 | 1,116 |
| Layoff | 4 | 503 |
The high proportion of closures (52% of affected workers) suggests structural shifts rather than temporary cutbacks in Oregon's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Wells Fargo N.A. William Barnhart Cente | Hillsboro | 500 | Closure | |
| Wells Fargo Bank N.A | Beaverton | 500 | Layoff | |
| Vimo | Portland | 429 | ||
| Hawthorne Ave - Salem | Salem | 221 | Closure | |
| Wells Fargo Bank N.A | Salem | 221 | Closure | |
| Natural Fiber Welding | Peoria | 90 | ||
| Albertsons Store 0515 | Roseburg | 87 | Closure | |
| Albertsons Store 0515 | Portland | 87 | Closure | |
| Natural Fiber Welding | Peoria | 1 | ||
| Remote Workers - Oregon | Portland | 1 | Layoff | |
| Vimo, Inc. DBA GetInsured | Portland | 1 | Layoff | |
| Oregon - Remote Employees | Portand | 1 | Layoff |
The largest notice was filed by Wells Fargo N.A. William Barnhart Cente at its Hillsboro facility, reporting 500 affected workers. Wells Fargo Bank N.A followed with 500 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The trends suggest 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.