New Mexico Layoffs — May 2020

Employers in New Mexico recorded 12 WARN Act notices in May 2020, covering approximately 1,383 workers — marking a decline from April and up 144% versus May 2019. The average filing covered 115 workers, with 0 closures among the notices.

12
Notices Filed
1,383
Workers Affected
115
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Manufacturing2400
Information & Technology1200

The Manufacturing sector accounted for the largest share of job cuts with 400 workers across 2 notices. At the same time, Information & Technology reported 200 workers.

Geographic Hotspots

CountyNoticesWorkers
Bernalillo3600
Las Cruces2256
Eddy3210
Valencia3189

Bernalillo bore the heaviest burden, accounting for 43% of all affected workers with 600 workers across 3 notices.

CityNoticesWorkers
Albuquerque2400
Loving2140
Las Cruces1128
Las Curces1128
Belen2126

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Raytheon Missiles & Defense2002020-05-19
Raytheon Missiles & DefenseAlbuquerque2002020-05-19
Raytheon TechnologiesAlbuquerque2002020-05-19
Empereon Constar1282020-05-29
Emperereon ConstarLas Cruces1282020-05-29
Empereon ConstarLas Curces1282020-05-29
Jasper Ventures702020-05-13
Jasper VenturesLoving702020-05-13
Jasper VenturesLoving702020-05-13
Keter US632020-05-29
Keter USBelen632020-05-29
Keter USBelen632020-05-29

Leading the list was Raytheon Missiles & Defense at its New Mexico facility, reporting 200 affected workers. Raytheon Missiles & Defense followed with 200 workers.

Trend & Outlook

The filings reflect a mixed picture for New Mexico's labor market, with activity diverging between monthly and annual comparisons. The Manufacturing 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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