New Mexico Layoffs — February 2023

Employers in New Mexico submitted 6 WARN Act notices in February 2023, putting at risk an estimated 924 workers — up substantially from January and up 4100% versus February 2022. The average filing covered 154 workers, with 0 closures among the notices.

6
Notices Filed
924
Workers Affected
154
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Retail3882

The Retail sector emerged as the hardest-hit sector with 882 workers across 3 notices.

Geographic Hotspots

CountyNoticesWorkers
Bernalillo3882
Dona Ana228
Doña Ana114

Bernalillo was the epicenter of layoff activity, accounting for 95% of all affected workers with 882 workers across 3 notices.

CityNoticesWorkers
Albuquerque2588
Santa Teresa228

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Walmart2942023-02-08
WalmartAlbuquerque2942023-02-08
WalmartAlbuquerque2942023-02-08
Interceramic, Inc142023-02-23
Interceramic, IncSanta Teresa142023-02-23
InterceramicSanta Teresa142023-02-23

Topping the list was Walmart at its New Mexico facility, reporting 294 affected workers. Walmart followed with 294 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

These figures highlight mounting pressure on the New Mexico labor market, with activity running above both recent and year-ago benchmarks. The Retail 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.

Get weekly layoff reports in your inbox

Free weekly digest of WARN Act filings and analysis.

Want the full dataset?

Browse Layoff Data Get API Access