New Mexico Layoffs — June 2020

Employers in New Mexico posted 8 WARN Act notices in June 2020, affecting an estimated 515 workers — reflecting a cooling compared to May. The average filing covered 64 workers, with 0 closures among the notices.

Industry Breakdown

Industry	Notices	Workers
Healthcare	3	192

The Healthcare sector saw the heaviest impact with 192 workers across 3 notices.

Geographic Hotspots

County	Notices	Workers
Bernalillo	6	477
Lea	2	38

Bernalillo absorbed the greatest share of layoffs, accounting for 93% of all affected workers with 477 workers across 6 notices.

City	Notices	Workers
Albuquerque	4	318
Hobbs	1	19

Layoff Type Analysis

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

Largest Layoffs

Company	City	Workers	Type	Date
505 Southwestern		95		2020-06-10
505 Southwestern	Albuquerque	95		2020-06-10
505 Southwestern	Albuquerque	95		2020-06-10
SPIRE Hospitality		64		2020-06-26
SPIRE Hospitality	Albuquerque	64		2020-06-26
SPIRE Hospitality	Albuquerque	64		2020-06-26
Zia Park		19		2020-06-12
Zia Park	Hobbs	19		2020-06-12

The largest notice was filed by 505 Southwestern at its New Mexico facility, reporting 95 affected workers. 505 Southwestern followed with 95 workers.

Trend & Outlook

This is the third consecutive month of declining layoff activity.

The trends suggest a mixed picture for New Mexico's labor market, with activity diverging between monthly and annual comparisons. The Healthcare 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.