New Mexico Layoffs — October 2023

Employers in New Mexico logged 9 WARN Act notices in October 2023, involving roughly 2,211 workers — climbing above September and up 2630% versus October 2022. The average filing covered 246 workers, with 0 closures among the notices.

9
Notices Filed
2,211
Workers Affected
246
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Healthcare31,923

The Healthcare sector dominated layoff filings with 1,923 workers across 3 notices.

Geographic Hotspots

CountyNoticesWorkers
Sandoval31,923
Bernalillo6288

Sandoval bore the heaviest burden, accounting for 87% of all affected workers with 1,923 workers across 3 notices.

CityNoticesWorkers
Rio Rancho21,282
Albuquerque4192

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
UNM Sandoval Regioinal Medical Center6412023-10-30
UNM Sandoval Regional Medical CenterRio Rancho6412023-10-30
UNM Sandoval Regioinal Medical CenterRio Rancho6412023-10-30
Systems Integration, Inc802023-10-02
Systems Integration, IncAlbuquerque802023-10-02
Systems Integration, IncAlbuquerque802023-10-02
Cygnus Home Service, LLC d/b/a Yelloh162023-10-25
Cygnus Home Service, LLC dba YellohAlbuquerque162023-10-25
Cygnus Home Service dba YellohAlbuquerque162023-10-25

The biggest impact was at UNM Sandoval Regioinal Medical Center at its New Mexico facility, reporting 641 affected workers. UNM Sandoval Regional Medical Center followed with 641 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

This data points to mounting pressure on the New Mexico labor market, with activity running above both recent and year-ago benchmarks. The Healthcare sector warrants close attention heading into the next period.

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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