Colorado Layoffs — January 2018

Employers in Colorado submitted 24 WARN Act notices in January 2018, putting at risk an estimated 1,476 workers — up substantially from December and up 171% versus January 2017. The average filing covered 62 workers, with 1 closure among the notices.

24
Notices Filed
1,476
Workers Affected
62
Avg per Notice
1
Closures

Industry Breakdown

IndustryNoticesWorkers
Information & Technology3298
Retail281

The Information & Technology sector emerged as the hardest-hit sector with 298 workers across 3 notices. Separately, Retail reported 81 workers.

Geographic Hotspots

CountyNoticesWorkers
Boulder154
Adams17

Boulder was the epicenter of layoff activity, accounting for 4% of all affected workers with 54 workers across 1 notices.

CityNoticesWorkers
Pikes Peak4465
Arapahoe Douglas1149
Adams163
Boulder154
Denver17

Layoff Type Analysis

TypeNoticesWorkers
Closure181

Closures accounted for 5% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Startek2612018-01-31
StarTekPikes Peak2612018-01-31
First Data - Update 1/2/181492018-01-02
First DataArapahoe Douglas1492018-01-02
Northrop Grumman - Updated 1/2/18852018-01-02
Northrop GrummanPikes Peak852018-01-02
K-Mart Corporation Store #0433281Closure2018-01-04
KmartPikes Peak812018-01-04
Scottrade - Ameritrade632018-01-18
Scottrade - AmeritradeAdams632018-01-18
Fluor542018-01-22
FluorBoulder542018-01-22
Northrop Grumman - Update 1/15/18382018-01-15
Northrop GrummanPikes Peak382018-01-15
National Planning Holdings72018-01-26

Topping the list was Startek at its Colorado facility, reporting 261 affected workers. StarTek followed with 261 workers.

Trend & Outlook

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

These figures highlight mounting pressure on the Colorado labor market, with activity running above both recent and year-ago benchmarks. The Information & Technology sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by Colorado. 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 Colorado WARN notices, browse layoffs by state, or download the full dataset.

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