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Finance & Insurance Layoffs in New York

Tracking 541 finance & insurance WARN Act layoff notices affecting 38,274 workers in New York. Data from official state workforce agency filings, updated daily.

541
Total Notices
38,274
Workers Affected
15
Cities
15
Companies

Data updated

Top Companies — Finance & Insurance Layoffs in New York

CompanyNoticesWorkers Affected
Sterling National Bank91448
Sterling National Bank & Astoria Bank20230
Goldman, Sachs &192,009
AllianceBernstein17463
Bank of America152,733
Credit Suisse Securities152,945
Dresdner Kleinwort Securities1399
AIG12288
JPMorgan Chase111,907
HSBC Bank USA916
Citigroup83,686
M&T Bank8440
PHH Mortgage8386
Barclays Capital81,170
Capital One Bank7365

Finance & Insurance Layoffs by City in New York

CityNoticesWorkers Affected
New York26322,323
Brooklyn241,428
Melville233,084
White Plains14679
Yonkers1073
Jericho9382
Williamsville9338
Montebello8103
Woodbury8401
Uniondale6366
Syracuse6398
Hauppauge5163
Buffalo5370
East Hills5173
Pittsford583

Latest Finance & Insurance Layoff Notices in New York

CompanyCityEmployeesTypeNotice Date
OceanFirst BankUniondale174Layoff2026-05-11
Apple BankScarsdale26Layoff2026-04-30
Bank of AmericaElma170Closure2026-03-19
The Bank of Nova ScotiaNew York15Closure2026-02-11
CitigroupNew York58Layoff2026-01-14
CitigroupNew York820Layoff2026-01-14
AllianceBernsteinNew York City--2024-02-12
Equiniti TrustNew York City--2023-12-07
Genesis Global TradingNew York47-2023-10-03
Reverse Mortgage FundingNewburgh254-2022-11-29
Reverse Mortgage FundingMelville133-2022-11-29
Reverse Mortgage FundingMelville119-2022-11-29
Reverse Mortgage FundingNewburgh233-2022-11-29
Credit SuisseNew York69-2021-12-06
N26New York46-2021-11-18
MidPoughkeepsie42Closure2021-04-09
Seven Seas Union SquareNew York50Closure2021-02-25
Dime Community BankBrooklyn92Layoff2020-10-30
Popular BankNew York/King/Queens66Layoff2020-10-30
BNB BankHauppauge31Layoff2020-10-28

Frequently Asked Questions

How many finance & insurance layoffs have occurred in New York?

There have been 541 finance & insurance WARN Act layoff notices in New York, affecting 38,274 workers.

Which finance & insurance companies have had the most layoffs in New York?

The top companies are: Sterling National Bank, Sterling National Bank & Astoria Bank, Goldman, Sachs &, AllianceBernstein, Bank of America.

What cities in New York have the most finance & insurance layoffs?

The most affected cities are: New York, Brooklyn, Melville, White Plains, Yonkers.