Iowa Layoffs — May 2023

Employers in Iowa logged 46 WARN Act notices in May 2023, involving roughly 1,741 workers — climbing above April and up 25% versus May 2022. The average filing covered 38 workers, with 4 closures among the notices.

46
Notices Filed
1,741
Workers Affected
38
Avg per Notice
4
Closures

Industry Breakdown

IndustryNoticesWorkers
Manufacturing4262
Finance & Insurance4139
Professional Services1106
Education870
Healthcare664
Mining & Energy149
Information & Technology238

The Manufacturing sector dominated layoff filings with 262 workers across 4 notices. Meanwhile, Finance & Insurance reported 139 workers.

Geographic Hotspots

CountyNoticesWorkers
Des Moines4465
Johnson3318
Woodbury3276
Polk6193
Tama2170

Des Moines bore the heaviest burden, accounting for 27% of all affected workers with 465 workers across 4 notices.

CityNoticesWorkers
West Burlington2427
Iowa City3318
Sioux CIty2184
Tama2170
Des Moines3114

Layoff Type Analysis

TypeNoticesWorkers
Layoff22582
Closure4354

Closures accounted for 20% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
ABB IncWest Burlington2392023-05-22
ABB IncWest Burlington1882023-05-22
ACT, IncIowa City106Layoff2023-05-17
ACT, IncIowa City106Layoff2023-05-17
ACT, IncIowa City1062023-05-17
Global Foods Processing IncSioux City92Closure2023-05-30
Global Foods Processing IncSioux CIty92Closure2023-05-30
Global Foods Processing IncSioux CIty922023-05-30
Graphic Packaging International, LLCTama85Closure2023-05-02
Graphic Packaging International, LLCTama85Closure2023-05-02
Linwood Mining and MineralsDavenport492023-05-22
Global Atlantic Financial CompanyDes Moines38Layoff2023-05-30
Global Atlantic Financial CompanyDes Moines38Layoff2023-05-30
Global Atlantic Financial CompanyDes Moines382023-05-30
PearsonCedar Rapids37Layoff2023-05-01

The biggest impact was at ABB Inc at its West Burlington facility, reporting 239 affected workers. ABB Inc followed with 188 workers.

Trend & Outlook

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

This data points to mounting pressure on the Iowa labor market, with activity running above both recent and year-ago benchmarks. The Manufacturing 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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