New Mexico Layoffs — July 2023

Employers in New Mexico filed 6 WARN Act notices in July 2023, impacting roughly 708 workers — representing a pullback from June and up 141% versus July 2022. The average filing covered 118 workers, with 0 closures among the notices.

6
Notices Filed
708
Workers Affected
118
Avg per Notice
0
Closures

Industry Breakdown

Industry classification was not available for filings in New Mexico this month. A total of 708 workers were affected across 6 notices.

Geographic Hotspots

CountyNoticesWorkers
Bernalillo6708

Bernalillo was the epicenter of layoff activity, accounting for 100% of all affected workers with 708 workers across 6 notices.

CityNoticesWorkers
Albuquerque4472

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Kevothermal, LLC1182023-07-13
Kevothermal, LLCAlbuquerque1182023-07-13
Kevothermal, LLCAlbuquerque1182023-07-13
Yellow Corporation1182023-07-30
Yellow CorporationAlbuquerque1182023-07-30
Yellow CorporationAlbuquerque1182023-07-30

The single largest action involved Kevothermal, LLC at its New Mexico facility, reporting 118 affected workers. Kevothermal, LLC followed with 118 workers.

Trend & Outlook

The data underscores a mixed picture for New Mexico's labor market, with activity diverging between monthly and annual comparisons.

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.

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