Colorado Layoffs — October 2023

Employers in Colorado filed 15 WARN Act notices in October 2023, impacting roughly 344 workers — representing a notable rise over September and up 320% versus October 2022. The average filing covered 23 workers, with 2 closures among the notices.

15
Notices Filed
344
Workers Affected
23
Avg per Notice
2
Closures

Industry Breakdown

IndustryNoticesWorkers
Other184
Healthcare167
Accommodation & Food151
Information & Technology12
Manufacturing10

The Other sector led the way in workforce reductions with 84 workers across 1 notice. In a parallel development, Healthcare reported 67 workers.

Geographic Hotspots

CountyNoticesWorkers
Adams184
Boulder10

Adams absorbed the greatest share of layoffs, accounting for 24% of all affected workers with 84 workers across 1 notices.

CityNoticesWorkers
Denver184
Pikes Peak, Arapahoe/Douglas, Denver, Larimer151
Pikes Peak (El Paso)15
Unknown10
Boulder10

Layoff Type Analysis

TypeNoticesWorkers
Closure2118

Closures accounted for 34% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
SMX Cargo LLCDenver842023-10-09
SMX Cargo LLC842023-10-11
Depuy Spine Limited Partnership (Johnson & Johnson)67Closure2023-10-30
Cygnus Home Service dba Yelloh51Closure2023-10-25
Cygnus Home Service dba YellohPikes Peak, Arapahoe/Douglas, Denver, Larimer512023-10-25
DePuy Synthes (Johnson & Johnson)Pikes Peak (El Paso)52023-10-30
Gannett (Pueblo Chieftian) - Update22023-10-02
Gannett (Pueblo Chieftian) - UpdateN/A2023-10-02
Gannett (Pueblo Chieftian) - UpdateUnknownN/A2023-10-02
PfizerN/A2023-10-03
PfizerBoulderN/A2023-10-03
Gannett (Pueblo Chieftian) - UpdatePurchase dataset for city detailsN/A2023-10-03
SMX Cargo LLCN/A2023-10-09
Cygnus Home Service dba YellohN/A2023-10-25
Depuy Spine LP (Johnson & Johnson)N/A2023-10-30

The single largest action involved SMX Cargo LLC at its Denver facility, reporting 84 affected workers. SMX Cargo LLC followed with 84 workers.

Trend & Outlook

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

The data underscores mounting pressure on the Colorado labor market, with activity running above both recent and year-ago benchmarks. The Other 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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