Total Workers Affected
187
Across all WARN notices
Employer · WARN Act history · Finance & Insurance
Crescent Bank & Trust
187 workers across 1 WARN notice, primarily in VA - recorded in the current PlainLayoffs dataset.
- 187
- Workers cut
- 1
- WARN notice
- 1
- State
- 187
- Avg / notice
Crescent Bank & Trust has 1 recorded WARN filing affecting 187 workers
According to WARN Act filings submitted to state workforce agencies, Crescent Bank & Trust has 1 recorded filing covering 187 workers across 1 state, primarily VA, the 1,170th-largest recorded WARN footprint among 6,916 tracked employers. WARN only covers mass layoffs at employers with 100+ employees, so this is a floor on the employer's actual workforce changes.
The verdict
Crescent Bank & Trust put 187 workers on WARN notice across 1 filing - the 1,170th-largest WARN footprint of 6,916 tracked employers.
- #1,170
- of 6,916 employers by workers affected
- Top 17%
- larger than 83% of tracked employers
- 1
- Recorded WARN filing
- 1
- state affected, led by VA
Where Crescent Bank & Trust Falls Among Tracked Employers
6,916 employers with a WARN filing, bucketed by total workers affected
Number of Notices
1
Recorded WARN Act filings
Latest Event Date
Nov 2019
Most recent filing
Not all layoffs appear in WARN data, see our methodology for the federal + state coverage thresholds.
Reported Layoff Scale (by Workers Affected) 30.0%
187 workers across recorded WARN events, a raw count, not adjusted for the employer's total headcount.
WARN Notice History
2019
Mass Layoff
Cheseapeake, VA · Finance & Insurance
Effective: Feb 14, 2020
187
workers
Filed Nov 5, 2019
How Crescent Bank & Trust compares in Finance & Insurance
| # | Employer | Workers cut | Notices | Lead state |
|---|---|---|---|---|
| 1 | Citigroup | 20,000 | 1 | NY |
| 2 | Silicon Valley Bank | 3,500 | 1 | CA |
| 3 | Wells Fargo | 3,366 | 15 | FL |
| 4 | Goldman Sachs | 3,200 | 1 | NY |
| 5 | PayPal Holdings | 2,000 | 1 | CA |
| 6 | Morgan Stanley | 1,800 | 1 | NY |
| 7 | Stripe | 1,120 | 1 | CA |
| 8 | Coinbase | 1,100 | 1 | CA |
| 9 | Crescent Bank & Trust (this page) | 187 | 1 | VA |
What this means for VA workers
Crescent Bank & Trust has 1 recorded WARN filing covering 187 workers, most recently on Nov 5, 2019.
- If you are affected, file for unemployment and contact your state's rapid-response program inside the WARN Act's 60-day notice window. What to do after a layoff
- Check whether the required notice pay was provided, the WARN Act can entitle workers to up to 60 days of pay when notice is skipped. Estimate WARN pay
- See recorded WARN notices in VA, where Crescent Bank & Trust's filings were reported. VA layoffs
WARN Act filings only capture layoffs of 50+ workers at sites of 100+ employees, so smaller reductions, contractor non-renewals, and voluntary separations are not shown here.
Reading the Crescent Bank & Trust WARN Record
Crescent Bank & Trust's single WARN Act filing in this dataset covers 187 workers, dated Nov 5, 2019. A lone filing is the most common shape in the recorded dataset, though the true worker count can run higher (why). By total workers affected, Crescent Bank & Trust ranks #155 of 777 tracked employers in VA. Among the 8 other Finance & Insurance employers with recorded WARN filings, the median is 2,600 affected workers -- Crescent Bank & Trust's 187 sits well below that group's typical scale. Every recorded filing was reported to VA's workforce agency, in the Finance & Insurance sector -- a single-state footprint, unlike the multi-state pattern common among larger employers.
Averaging 187 workers per notice, Crescent Bank & Trust's filings fall into a pattern that is consistent with site-level consolidation or a multi-department reduction in force. This single notice marks a discrete restructuring event rather than a sustained pattern, though workforce changes below the 50-worker WARN floor may have occurred without disclosure.
Workers on VA-based Crescent Bank & Trust notices should contact the VA workforce agency directly, response teams, severance negotiation guidance, and TAA (Trade Adjustment Assistance) screening move fastest in the days immediately following a notice. See what to do after a layoff for the full benefits timeline. This record reflects filed notices only; subsequent hiring, rescinded closures, or facility reopenings are not tracked by WARN disclosures.
Frequently Asked Questions
Is Crescent Bank & Trust laying off workers? ▼
Crescent Bank & Trust has filed 1 WARN Act notice affecting 187 workers across 1 state. The most recent notice was filed on Nov 5, 2019.
How many people has Crescent Bank & Trust laid off? ▼
According to WARN Act filings, Crescent Bank & Trust has affected 187 workers total, averaging 187 workers per notice.
What states has Crescent Bank & Trust had layoffs in? ▼
Crescent Bank & Trust has filed WARN notices in 1 state: VA.
What is a WARN Act notice? ▼
The Worker Adjustment and Retraining Notification (WARN) Act requires employers with 100+ employees to provide 60 days advance notice of plant closings and mass layoffs affecting 50 or more workers. Not all layoffs require WARN notice.
What benefits are available after a Crescent Bank & Trust layoff? ▼
Workers affected by a WARN-notified layoff may be eligible for unemployment insurance, COBRA health coverage continuation, job retraining through the Trade Adjustment Assistance program, and severance packages if offered by the employer. State workforce agencies often provide additional rapid response services.
How does Crescent Bank & Trust's layoff history compare to the industry? ▼
Crescent Bank & Trust has affected 187 workers across 1 WARN filing in the Finance & Insurance sector. The federal WARN Act only captures layoffs affecting 50 or more workers, so actual workforce changes may be larger.
Data sourced from official state WARN-Act layoff registries. See our methodology for details. Retrieved and formatted by PlainLayoffs Editorial
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from state WARN Act filings. Consult a qualified professional before making decisions based on this data.
Download the data behind this page
The full PlainLayoffs employer roster, covering every recorded employer including Crescent Bank & Trust, is available as CSV. Underlying WARN Act filings are public records; see our methodology for the compilation method.
Every figure on PlainLayoffs is rendered directly from public WARN Act filings and state workforce agency records, no number is typed in by an editor. This employer's notice history is rendered directly from state WARN Act filings. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of June 2026. A WARN filing is a legally required notice, not a judgment of a company's management or financial health; rankings here reflect filed notice volume only.
| Publisher | PlainLayoffs |
| Sources | Public state WARN-Act layoff registries |