Employers in Iowa posted 36 WARN Act notices in May 2022, affecting an estimated 1,398 workers — reflecting a significant uptick compared to April and up 1065% versus May 2021. The average filing covered 39 workers, with 14 closures among the notices.
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 3 | 644 |
The Finance & Insurance sector saw the heaviest impact with 644 workers across 3 notices.
| County | Notices | Workers |
|---|---|---|
| Linn | 2 | 644 |
| Lee | 2 | 344 |
| Polk | 8 | 116 |
| Des Moines | 2 | 114 |
| Boone | 3 | 48 |
Linn bore the heaviest burden, accounting for 46% of all affected workers with 644 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Cedar Rapids | 2 | 644 |
| Fort Madison | 2 | 344 |
| Burlington | 2 | 114 |
| Des Moines | 4 | 98 |
| Boone | 3 | 48 |
| Type | Notices | Workers |
|---|---|---|
| Closure | 14 | 774 |
| Layoff | 6 | 546 |
The high proportion of closures (55% of affected workers) suggests structural shifts rather than temporary cutbacks in Iowa's labor market.
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Toyota Financial Services | Cedar Rapids | 322 | Closure | 2022-05-02 |
| Toyota Financial Services | Cedar Rapids | 322 | Closure | 2022-05-02 |
| Siemens Gamesa Renewable Engergy Inc | Fort Madison | 172 | Layoff | 2022-05-20 |
| Siemens Gamesa Renewable Engergy Inc | Fort Madison | 172 | Layoff | 2022-05-20 |
| Blackhawk Services Corp | Burlington | 57 | Layoff | 2022-05-02 |
| Blackhawk Services Corp | Burlington | 57 | Layoff | 2022-05-02 |
| Wells Fargo | Des Moines | 44 | Layoff | 2022-05-05 |
| Wells Fargo | Des Moines | 44 | Layoff | 2022-05-05 |
| Ace International, LLC | Boone | 16 | Closure | 2022-05-27 |
| Ace International, LLC | Boone | 16 | Closure | 2022-05-27 |
| Ace International, LLC | Boone | 16 | 2022-05-27 | |
| Faaz, LLC | Spencer | 15 | Closure | 2022-05-26 |
| Faaz, LLC | Spencer | 15 | Closure | 2022-05-26 |
| Faaz, LLC | Storm Lake | 13 | Closure | 2022-05-26 |
| Faaz, LLC | Storm Lake | 13 | Closure | 2022-05-26 |
The largest notice was filed by Toyota Financial Services at its Cedar Rapids facility, reporting 322 affected workers. Toyota Financial Services followed with 322 workers.
This marks the third consecutive month of rising layoff activity.
The trends suggest mounting pressure on the Iowa labor market, with activity running above both recent and year-ago benchmarks. 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.
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