Colorado Layoffs — July 2023

Employers in Colorado logged 26 WARN Act notices in July 2023, involving roughly 22,358 workers — climbing above June and up 1135% versus July 2022. The average filing covered 860 workers, with 2 closures among the notices.

26
Notices Filed
22,358
Workers Affected
860
Avg per Notice
2
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance3112
Healthcare279
Information & Technology127
Manufacturing26
Transportation10

The Finance & Insurance sector dominated layoff filings with 112 workers across 3 notices. Meanwhile, Healthcare reported 79 workers.

Geographic Hotspots

CityNoticesWorkers
Unknown522,000
Pikes Peak279
Adams156
Purchase dataset for city details234
Rural Consortium (Pueblo)127

Layoff Type Analysis

TypeNoticesWorkers
Closure264

Largest Layoffs

CompanyCityWorkersTypeDate
Yellow CorporationUnknown22,0002023-07-30
Namasté Alzheimer Center64Closure2023-07-20
Namasté Alzheimer CenterPikes Peak642023-07-20
Bank of the West562023-07-11
Bank of the WestAdams562023-07-11
Hunter Douglas NVPurchase dataset for city details282023-07-14
Amentum272023-07-03
AmentumRural Consortium (Pueblo)272023-07-03
DePuy Spine Limited Partnership (Johnson & Johnson)152023-07-24
DePuy Synthes (Johnson & Johnson)Pikes Peak152023-07-24
KBI BiopharmaPurchase dataset for city details62023-07-01
AmentumN/A2023-07-03
Bank of the WestN/A2023-07-11
Namasté Alzheimer CenterN/A2023-07-20
DePuy Spine Limited Partnership (Johnson & Johnson)N/A2023-07-24

The biggest impact was at Yellow Corporation at its Unknown facility, reporting 22,000 affected workers. Namasté Alzheimer Center followed with 64 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

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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