Employer · WARN Act history · Finance & Insurance

First Guaranty Mortgage

428 workers across 1 WARN notice, primarily in TX — every mass-layoff and plant-closing filing on record.

428
Workers cut
1
WARN notice
1
State
428
Avg / notice

Employer Profile

Primary State
TX
Primary Industry
Finance & Insurance
First Notice
Jun 24, 2022
Latest Notice
Jun 24, 2022
States with Layoffs
TX

WARN Notices by Year: First Guaranty Mortgage — Workers affected per year from WARN Act filings

0 workers 0.2 workers 0.4 workers 0.6 workers 0.8 workers 1 workers 2022 0 workers
WARN Notices by Year: First Guaranty Mortgage — Workers affected per year from WARN Act filings

Total Workers Affected

428

Across all WARN notices

Number of Notices

1

WARN Act filings on record

Latest Event Date

Jun 2022

Most recent filing

Workforce Impact Severity 30.0%

428 workers across all events

WARN Notice History

2022

Mass Layoff

Plano, TX · Finance & Insurance

Effective: Jun 24, 2022

428

workers

Filed Jun 24, 2022

Reading the First Guaranty Mortgage WARN Record

Federal WARN Act filings place First Guaranty Mortgage on record with 1 notice covering 428 workers, spanning Jun 24, 2022 through Jun 24, 2022. Because the WARN Act only captures events that affect 50 or more workers at sites of 100+ employees, this count sits at the upper band of the employer's layoff activity — smaller reductions, contractor non-renewals, and voluntary separations are invisible to this dataset. The geographic footprint of 1 state, anchored in TX, in the Finance & Insurance sector, shapes which state workforce agencies received the filings and which state-level "mini-WARN" thresholds applied.

Averaging 428 workers per notice, First Guaranty Mortgage'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.

For workers, the practical layer under these numbers is time: the WARN Act's 60-day notification window triggers eligibility for state unemployment insurance, COBRA health-coverage continuation, and rapid-response services from the state workforce agency that received the filing. Workers on TX-based First Guaranty Mortgage notices should contact the TX workforce agency directly — response teams, severance negotiation guidance, and TAA (Trade Adjustment Assistance) screening move fastest in the days immediately following a notice. The record above reflects filed notices only; subsequent hiring, rescinded closures, or facility reopenings are not tracked by WARN disclosures.

Understanding First Guaranty Mortgage's Layoff History

First Guaranty Mortgage has one WARN Act filing on record. A single notice may reflect an isolated restructuring event, facility closure, or response to changing market conditions.

Each notice has affected an average of 428 workers, representing moderately sized workforce reductions. WARN Act notices only capture layoffs meeting federal thresholds (50+ workers) and may not represent all workforce changes.

Layoff Resources

Frequently Asked Questions

Is First Guaranty Mortgage laying off workers?

First Guaranty Mortgage has filed 1 WARN Act notice affecting 428 workers across 1 state. The most recent notice was filed on Jun 24, 2022.

How many people has First Guaranty Mortgage laid off?

According to WARN Act filings, First Guaranty Mortgage has affected 428 workers total, averaging 428 workers per notice.

What states has First Guaranty Mortgage had layoffs in?

First Guaranty Mortgage has filed WARN notices in 1 state: TX.

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 First Guaranty Mortgage 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 First Guaranty Mortgage's layoff history compare to the industry?

First Guaranty Mortgage has affected 428 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.