Iowa Layoffs — October 2023

Employers in Iowa reported 20 WARN Act notices in October 2023, displacing an estimated 432 workers — signaling a deceleration from September and down 68% versus October 2022. The average filing covered 22 workers, with 0 closures among the notices.

20
Notices Filed
432
Workers Affected
22
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance8166
Manufacturing376

The Finance & Insurance sector topped the list of affected industries with 166 workers across 8 notices. Notably, Manufacturing reported 76 workers.

Geographic Hotspots

CountyNoticesWorkers
Cerro Gordo3129
Linn3120
Polk1092
Lee266
Johnson125

Cerro Gordo bore the heaviest burden, accounting for 30% of all affected workers with 129 workers across 3 notices.

CityNoticesWorkers
Mason City3129
Cedar Rapids3120
West Des Moines268
Fort Madison266
North Liberty125

Layoff Type Analysis

TypeNoticesWorkers
Layoff7267

Largest Layoffs

CompanyCityWorkersTypeDate
MasoniteMason City43Layoff2023-10-02
MasoniteMason City43Layoff2023-10-02
MasoniteMason City432023-10-02
UFG InsuranceCedar Rapids40Layoff2023-10-24
UFG InsuranceCedar Rapids40Layoff2023-10-24
UFG InsuranceCedar Rapids402023-10-24
Wells FargoWest Des Moines34Layoff2023-10-03
Wells FargoWest Des Moines34Layoff2023-10-03
Independent Can CompanyFort Madison33Layoff2023-10-26
Independent Can CompanyFort Madison332023-10-26
GeicoNorth Liberty252023-10-23
Wells FargoDes Moines62023-10-17
Wells FargoDes Moines62023-10-17
Wells FargoDes Moines42023-10-17
Wells FargoDes Moines42023-10-17

The most significant filing came from Masonite at its Mason City facility, reporting 43 affected workers. Masonite followed with 43 workers.

Trend & Outlook

The numbers illustrate a easing in workforce disruptions across Iowa, with filings falling below both recent and year-ago levels. The Finance & Insurance 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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