New Mexico Layoffs — January 2016

Employers in New Mexico reported 3 WARN Act notices in January 2016, displacing an estimated 519 workers. The average filing covered 173 workers, with 0 closures among the notices.

3
Notices Filed
519
Workers Affected
173
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Retail161

The Retail sector topped the list of affected industries with 61 workers across 1 notice.

Geographic Hotspots

CountyNoticesWorkers
Sandoval1406
Socorro161
Curry152

Sandoval absorbed the greatest share of layoffs, accounting for 78% of all affected workers with 406 workers across 1 notices.

CityNoticesWorkers
Rio Rancho1406
Socorro161
Portales152

Layoff Type Analysis

Layoff type classification was not available for filings in New Mexico this month.

Largest Layoffs

CompanyCityWorkersTypeDate
SprintRio Rancho4062016-01-22
Smith's Food & Drug StoreSocorro612016-01-19
Coca-Cola RefreshmentsPortales522016-01-25

The most significant filing came from Sprint at its Rio Rancho facility, reporting 406 affected workers. Smith's Food & Drug Store followed with 61 workers.

Trend & Outlook

After a dip last month, layoff activity has ticked back up.

The numbers illustrate mounting pressure on the New Mexico labor market, with activity running above both recent and year-ago benchmarks. The Retail sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by New Mexico. The Worker Adjustment and Retraining Notification (WARN) Act requires employers with 100+ employees to provide 60-day advance notice of mass layoffs and plant closings. Data is updated daily by WARN Firehose. View all New Mexico WARN notices, browse layoffs by state, or download the full dataset.

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