Colorado Layoffs — November 2022

Employers in Colorado logged 14 WARN Act notices in November 2022, involving roughly 435 workers — climbing above October and up 10% versus November 2021. The average filing covered 31 workers, with 0 closures among the notices.

14
Notices Filed
435
Workers Affected
31
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance3200
Admin & Support Services1101
Education121
Healthcare32

The Finance & Insurance sector dominated layoff filings with 200 workers across 3 notices. Meanwhile, Admin & Support Services reported 101 workers.

Geographic Hotspots

CountyNoticesWorkers
Adams11
Boulder10

Adams was the epicenter of layoff activity, accounting for 0% of all affected workers with 1 workers across 1 notices.

CityNoticesWorkers
Purchase dataset for city details3222
Pikes Peak/Teller11
Denver11
Boulder10

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
HSS Security LLCPurchase dataset for city details1012022-11-09
Cross Country Mortgage LLC1002022-11-01
CrossCountry Mortgage LLCPurchase dataset for city details1002022-11-01
Astra Space Inc722022-11-09
Twitter (Boulder) Supplemental382022-11-25
Flatiron School LLCPurchase dataset for city details212022-11-08
Astra Space IncPikes Peak/Teller12022-11-09
Rume Health12022-11-21
Rume HealthDenver12022-11-21
Cross Country Mortgage LLCN/A2022-11-01
Astra Space IncN/A2022-11-09
Rume HealthN/A2022-11-21
Twitter (Boulder) SupplementalN/A2022-11-25
TwitterBoulderN/A2022-11-25

The biggest impact was at HSS Security LLC at its Purchase dataset for city details facility, reporting 101 affected workers. Cross Country Mortgage LLC followed with 100 workers.

Trend & Outlook

After a dip last month, layoff activity has ticked back up.

This data points to mounting pressure on the Colorado 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 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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