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Table 7. Reason for layoff: Extended mass layoff events and separations associated with the movement of work, selected quarters, 2012 and 2013 Layoff events Separations Reason for layoff I IV I I IV I 2012 2012r 2013p 2012 2012r 2013p Total, private nonfarm (1) .... 34 36 21 5,294 8,616 3,421 Business demand .................. 5 12 (2) 803 4,611 (2) Contract cancellation .......... - 3 (2) - 1,825 (2) Contract completion ............ (2) (2) - (2) (2) - Domestic competition ........... - (2) - - (2) - Excess inventory/saturated market ....................... - (2) - - (2) - Import competition ............. - (2) (2) - (2) (2) Slack work/insufficient demand/ non-seasonal business slowdown (2) 3 (2) (2) 635 (2) Organizational changes ........... 17 (2) 9 2,825 (2) 1,720 Business-ownership change ...... 3 (2) - 388 (2) - Reorganization or restructuring of company ................... 14 (2) 9 2,437 (2) 1,720 Financial issues ................. (2) 12 (2) (2) 1,808 (2) Bankruptcy ..................... - - - - - - Cost control/cost cutting/ increase profitability ....... (2) (2) (2) (2) (2) (2) Financial difficulty ........... (2) (2) (2) (2) (2) (2) Production specific .............. (2) - (2) (2) - (2) Automation/technological advances ..................... (2) - - (2) - - Energy related ................. - - - - - - Governmental regulations/ intervention ................. - - - - - - Labor dispute/contract negotiations/strike .......... - - (2) - - (2) Material or supply shortage .... - - - - - - Model changeover ............... - - - - - - Plant or machine repair/ maintenance .................. - - - - - - Product line discontinued ...... - - - - - - Disaster/safety .................. - - - - - - Hazardous work environment ..... - - - - - - Natural disaster (not weather related) ..................... - - - - - - Non-natural disaster ........... - - - - - - Extreme weather-related event .. - - - - - - Other/miscellaneous .............. - (2) (2) - (2) (2) Other .......................... - (2) (2) - (2) (2) Data not provided: refusal ..... - - - - - - Data not provided: does not know ......................... - (2) - - (2) - 1 See footnote 1, table 1. 2 Data do not meet BLS or state agency disclosure standards. r = revised. p = preliminary. NOTE: Dash represents zero.