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California layoffs / First Foundation Inc.

First Foundation Inc. California Layoffs 2026: What Employees Should Know

First Foundation Inc. has a layoff notice on file with California's Employment Development Department (EDD) under the state's Worker Adjustment and Retraining Notification (WARN) Act, covering 98 jobs in Orange County. That is what the state has published since July 2025. If you were one of them, here is what the filing says, how much notice the law asks for, and what to look at before you sign anything.

Updated

What the filing says

These are the details as First Foundation Inc.reported them to the state. The EDD publishes every notice, and these figures come from the state's report as retrieved on Aug 13, 2026.

LocationCountyNotice givenJobs endWorkersType
IrvineOrange CountyJan 28, 2026Mar 31, 202698Layoff Permanent

How much notice the law requires

California's WARN Act requires 60 days of advance written notice before a covered mass layoff, and its only statutory exception is a physical calamity or an act of war — far narrower than federal law's three. Who is covered and how the thresholds are counted is in our California WARN Act guide.

What this filing shows

This filing shows 62 calendar days between the notice date and the date the jobs end. That is at or above the 60 days the statute describes.

In dates: counting 60 days back from the Mar 31, 2026 last day of work lands on Jan 30, 2026, and the notice is dated Jan 28, 2026.

This is a fact drawn from the public filing, not a conclusion that anyone broke the law. The date an employer records is not always the date workers were told, employers of different sizes are covered differently, and exceptions can apply. Whether it means anything in your case is exactly what a free consultation sorts out.

First Foundation severance: what to check before you sign

A severance offer is not the notice pay the WARN Act describes. Severance you were already promised — in a contract, a handbook, or a union agreement — cannot be used to satisfy that obligation, though Labor Code section 1402 does let an employer reduce a back-pay award by voluntary payments it was never required to make. A release may also give up more than you expect. Justin reviews severance agreements before workers sign. What to check before you decide is in our full guide to the California WARN Act.

Two things worth doing this week either way. File for unemployment now — WARN money does not reduce it, and the filings here run through Mar 31, 2026, so you do not have to wait for your last day. And keep every document, including the notice itself and anything showing when it arrived.

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What your notice was required to include

Timing is only half of what Labor Code section 1401 asks for. The notice itself has to contain specific things, and California added most of this list for notices issued on or after January 1, 2026. This notice falls after that date. If you kept your copy, read it against the full six-item checklist in our WARN Act guide — everything federal law requires, whether transition help is being coordinated, working contact details for your workforce board and for the employer itself, and CalFresh information.

Source: Labor Code section 1401, as amended by SB 617, effective January 1, 2026. A notice missing something from that list is not automatically a violation with a remedy attached — whether a gap matters depends on the employer, the action, and what else happened.

Questions people are asking

What is the First Foundation severance package?

The WARN notice First Foundation filed with the state does not list severance terms, and we do not publish any employer's package. A WARN notice reports how many jobs end, where, and when. Severance is a separate contract offered at the employer's discretion. California law does not require it, and an employer cannot use contractual severance to satisfy what the WARN Act requires, so being offered a package does not by itself answer whether notice pay is also owed. If you have an offer in hand, the terms in front of you are the ones that matter, and they are worth reading closely before the deadline on them runs.

Am I owed severance from First Foundation Inc.?

California law does not require severance on its own, and a severance offer is a separate thing from WARN pay. An employer cannot use contractual severance to satisfy its WARN obligation, so being offered a package does not answer whether notice pay is also owed.

Does taking the severance reduce what I could recover?

It depends on why the money is being paid. Severance the employer was already obligated to provide — under a contract, a policy, a benefit plan, or a union agreement — cannot be set against what the WARN Act requires. A payment that is genuinely voluntary and unconditional, one the employer had no legal obligation to make, can reduce that liability. Wages for work you actually performed during the notice period are not voluntary severance at all. Which category First Foundation's offer falls into is a question about the document in front of you, not about the layoff, and it is one of the better reasons to have the paperwork read before the deadline on it runs.

What if I did not get 60 days of notice?

California's WARN Act requires 60 days of advance written notice before a covered mass layoff, and its only statutory exception is a physical calamity or an act of war. That is far narrower than federal law, which has three exceptions. This filing shows 62 days, at or above the 60 the statute describes. Notice can still fall short in practice if it did not reach you when the filing says, or if it lacked what the statute requires it to contain.

Can I still collect unemployment?

Yes. Under Labor Code section 1407, WARN-related payments are not treated as wages for unemployment purposes, so they cannot be used to deny or reduce your benefits in California. You do not have to wait for your last day — the filings here run through Mar 31, 2026 — and filing early is generally better than filing late.

Does taking a new job hurt my claim?

No. Wages you earn at a new job during the notice period do not reduce what First Foundation may owe under WARN. That holds even if you start before Mar 31, 2026, the last day of work in this filing. You do not need to delay a job search to protect a claim.

How long do I have to act?

Generally three years. The federal WARN Act sets no limitations period of its own, so courts borrow the closest state deadline, which in California is the three-year period for a liability created by statute. The clock starts when you suffer an employment loss, not when the notice went out. Measured from the last day of work in this filing, Mar 31, 2026, three years runs to about Mar 31, 2029. If this was a layoff rather than an outright termination, the loss may not count until the layoff has lasted more than six months, which can start the clock later still. Treat all of it as an outer edge rather than a plan. Other claims arising from the same layoff run much shorter, and a severance offer usually carries its own deadline measured in days.

Where a layoff can raise a legal question

A layoff is lawful on its own, and nothing below is a statement about First Foundation. These are the places California law can still come into play, depending on the facts of your own situation.

  • The severance you were asked to signA release can give up claims you did not know you had, and the terms are sometimes negotiable.
  • How you were selectedA reduction in force still cannot be used to cut someone for a protected reason such as age, disability, pregnancy, or a complaint they made.
  • Your final paycheckCalifornia sets when final wages are due at termination, and unpaid time or accrued vacation can carry penalties on top of the wages.

General information about California law, not legal advice, and reading it does not create an attorney-client relationship.

What has been reported

Press coverage of this layoff, summarized and attributed. This is reporting rather than the filing itself, and we did not independently verify it.

The Irvine cuts came as First Foundation prepared to merge into FirstSun Capital Bancorp's Sunflower Bank. Banking Dive reported in October 2025 that the roughly $785 million all-stock deal was expected to close early in the second quarter of 2026, adding First Foundation's Southern California branches to FirstSun's footprint.

The Orange County Business Journal reported in April 2026 that First Foundation's Orange County headcount had fallen from 304 a year earlier to about 179, and that the layoffs had already occurred by the time the merger closed on April 1, 2026.

Details worth knowing

  • Sunflower Bank is keeping First Foundation's Irvine office and all 22 of its branches, and its regional leadership plans to hire about 10 bankers in Orange County over the next two years, according to the Orange County Business Journal.
  • First Foundation's wealth management arm, First Foundation Advisors, is continuing under the combined company and is slated to become Sunflower's wealth management platform, according to the Orange County Business Journal.

Sources: Orange County Business Journal (opens in a new tab)Banking Dive (opens in a new tab)

What the numbers show

  • The 98 affected positions are in Irvine.
  • The shortest gap between notice and last day here is 62 days, close to the statewide median of 61 days across every notice on file.
  • By headcount it sits in the top 45% of the 599 employer layoffs tracked here.
  • The 98 workers leaving First Foundation Inc. re-enter a job market where Orange County unemployment stood at 4.1% in June 2026, below the 5.2% statewide rate (Bureau of Labor Statistics, not seasonally adjusted).

These are counts and comparisons drawn from the published filings, not findings about First Foundation.

Free job-search help near Irvine

America's Job Center of California is the state's no-cost network for laid-off workers: help filing and keeping unemployment benefits, federally funded retraining, and résumé and interview coaching. Your WARN notice may name one; this is the closest to the site in this filing.

Locations and hours change — confirm before visiting, or find another center with the EDD's center locator (opens in a new tab). Directory: U.S. Department of Labor, Jul 31, 2026; distances are straight-line from the address in the filing.

Other layoffs filed in Orange County around the same time

64 employers have WARN notices on file in Orange County, covering 7,189 workers. These filed within about a quarter of this one.

Listed because they appear in the same county in the same public data. No connection between these employers is implied.

Key points

Each point is explained and sourced above · Verified August 13, 2026

Key points from First Foundation Inc. California layoffs 2026, verified as of August 13, 2026

  • Workers affected · Orange County · published since July 2025

    98

    CA EDD WARN report

  • Notices filed · California · published July 2025 to August 2026

    1

    CA EDD WARN report

  • Jobs end · As filed

    Mar 31, 2026

    CA EDD WARN report

  • Days between notice and last day · Arithmetic on two published dates

    62 calendar days

    CA EDD WARN report

  • Approximate outer claim deadline · 3 years from the last day of work — an outer edge, other claims run shorter

    About Mar 31, 2029

    Code Civ. Proc. § 338(a)

  • Orange County unemployment rate · vs 5.2% statewide, not seasonally adjusted

    4.1% (June 2026)

    BLS Local Area Unemployment Statistics

  • Notice California law describes · California

    60 days before a covered mass layoff

    Lab. Code § 1401

  • Available exceptions · California

    Physical calamity or act of war only

    Lab. Code § 1401

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