Colorado Layoffs — March 2019

Employers in Colorado submitted 9 WARN Act notices in March 2019, putting at risk an estimated 2,054 workers — up substantially from February and up 203% versus March 2018. The average filing covered 228 workers, with 3 closures among the notices.

9
Notices Filed
2,054
Workers Affected
228
Avg per Notice
3
Closures

Industry Breakdown

IndustryNoticesWorkers
Transportation160
Manufacturing156

The Transportation sector emerged as the hardest-hit sector with 60 workers across 1 notice. Separately, Manufacturing reported 56 workers.

Geographic Hotspots

CountyNoticesWorkers
Broomfield156

Broomfield saw the most concentrated activity, accounting for 3% of all affected workers with 56 workers across 1 notices.

CityNoticesWorkers
Arapahoe/Douglas (Centennial)1850
Arapahoe/Douglas161
Pikes Peak160
Broomfield156

Layoff Type Analysis

TypeNoticesWorkers
Closure3177

Closures accounted for 9% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Invesco (OppenheimerFunds OFI)8502019-03-21
Invesco (OppenheimerFunds OFI)Arapahoe/Douglas (Centennial)8502019-03-21
Westrock61Closure2019-03-25
WestRockArapahoe/Douglas612019-03-25
National Express Group, PLCPikes Peak602019-03-01
National Express Transit (NEXT)60Closure2019-03-22
Sandoz Inc, A Novartis Division (Next Phase)56Closure2019-03-18
Novartis PharmaceuticalsBroomfield562019-03-18
WestrockN/A2019-03-25

Topping the list was Invesco (OppenheimerFunds OFI) at its Colorado facility, reporting 850 affected workers. Invesco (OppenheimerFunds OFI) followed with 850 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

These figures highlight mounting pressure on the Colorado labor market, with activity running above both recent and year-ago benchmarks. The Transportation 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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