Iowa Layoffs — October 2020
Employers in Iowa reported 3 WARN Act notices in October 2020, displacing an estimated 159 workers — signaling a deceleration from September and down 40% versus October 2019. The average filing covered 53 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 2 | 106 |
| Transportation | 1 | 53 |
The Finance & Insurance sector topped the list of affected industries with 106 workers across 2 notices. Notably, Transportation reported 53 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Linn | 2 | 106 |
| Johnson | 1 | 53 |
Linn felt the sharpest impact, accounting for 67% of all affected workers with 106 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Cedar Rapids | 2 | 106 |
| North Liberty | 1 | 53 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 1 | 53 |
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| FedEx | North Liberty | 53 | ||
| Transamerican Life Insurance | Cedar Rapids | 53 | Layoff | |
| Transamerica Life | Cedar Rapids | 53 |
The most significant filing came from FedEx at its North Liberty facility, reporting 53 affected workers. Transamerican Life Insurance followed with 53 workers.
Trend & Outlook
This is the third consecutive month of declining layoff activity.
The numbers illustrate a easing in workforce disruptions across Iowa, with filings falling below both recent and year-ago levels. The Finance & Insurance sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by Iowa. 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 Iowa WARN notices, browse layoffs by state, or download the full dataset.