New Mexico Layoffs — February 2016

Employers in New Mexico logged 3 WARN Act notices in February 2016, involving roughly 44 workers — falling below January. The average filing covered 15 workers, with 0 closures among the notices.

3
Notices Filed
44
Workers Affected
15
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Information & Technology11
Utilities10

The Information & Technology sector dominated layoff filings with 1 workers across 1 notice. Meanwhile, Utilities reported 0 workers.

Geographic Hotspots

CountyNoticesWorkers
Santa Fe143
Bernalillo11
Eddy10

Santa Fe was the epicenter of layoff activity, accounting for 98% of all affected workers with 43 workers across 1 notices.

CityNoticesWorkers
Santa Fe143
Albuquerque11
Artesia10

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Caterpillar Emissions SolutionsSanta Fe432016-02-22
Maslow Media GroupAlbuquerque12016-02-18
Devon Energy CorpArtesiaN/A2016-02-29

The biggest impact was at Caterpillar Emissions Solutions at its Santa Fe facility, reporting 43 affected workers. Maslow Media Group followed with 1 workers.

Trend & Outlook

This data points to a mixed picture for New Mexico's labor market, with activity diverging between monthly and annual comparisons. The Information & Technology 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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