New Mexico Layoffs — January 2024

Employers in New Mexico recorded 6 WARN Act notices in January 2024, covering approximately 573 workers and up 6267% versus January 2023. The average filing covered 96 workers, with 0 closures among the notices.

6
Notices Filed
573
Workers Affected
96
Avg per Notice
0
Closures

Industry Breakdown

Industry classification was not available for filings in New Mexico this month. A total of 573 workers were affected across 6 notices.

Geographic Hotspots

CountyNoticesWorkers
Bernalillo3369
Otero3204

Bernalillo absorbed the greatest share of layoffs, accounting for 64% of all affected workers with 369 workers across 3 notices.

CityNoticesWorkers
Albuquerque2246
Alamogordo2136

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
BIMBO Bakeries1232024-01-16
BIMBO BakeriesAlbuquerque1232024-01-16
Bimbo BakeriesAlbuquerque1232024-01-16
Cti682024-01-31
CtiAlamogordo682024-01-31
CtiAlamogordo682024-01-31

Leading the list was BIMBO Bakeries at its New Mexico facility, reporting 123 affected workers. BIMBO Bakeries followed with 123 workers.

Trend & Outlook

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

The filings reflect mounting pressure on the New Mexico labor market, with activity running above both recent and year-ago benchmarks.

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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