Fair Warning Act of 2023

The Fair Warning Act of 2023 amends the Worker Adjustment and Retraining Notification (WARN) Act to require employers with 50+ employees or $2 million+ annual payroll to provide 90 days' written notice before site closings or mass layoffs. The bill specifies that employers must notify affected employees, state dislocated worker units, local governments, and the Department of Labor, including details about the number of affected employees, reason for the layoff, recall date, and available benefits. Exceptions to the 90-day notice period include natural disasters, terrorist attacks, public health emergencies, and potential new business or financing. Employers who fail to provide required notice may face penalties, including back pay for affected employees. The bill also establishes a public database of layoff notices maintained by the Department of Labor for transparency.