Utah Layoffs — February 2024

Employers in Utah recorded 2 WARN Act notices in February 2024, covering approximately 356 workers — marking a decline from January and down 4% versus February 2023. The average filing covered 178 workers, with 0 closures among the notices.

2
Notices Filed
356
Workers Affected
178
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance1250

The Finance & Insurance sector accounted for the largest share of job cuts with 250 workers across 1 notice.

Geographic Hotspots

CountyNoticesWorkers
Salt Lake1106

Salt Lake absorbed the greatest share of layoffs, accounting for 30% of all affected workers with 106 workers across 1 notices.

CityNoticesWorkers
Statewide1250
Salt Lake City1106

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Academy MortgageStatewide2502024-02-28
ABM IndustriesSalt Lake City1062024-02-28

Leading the list was Academy Mortgage at its Statewide facility, reporting 250 affected workers. ABM Industries followed with 106 workers.

Trend & Outlook

This is the third consecutive month of declining layoff activity.

The filings reflect a easing in workforce disruptions across Utah, 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 Utah. 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 Utah WARN notices, browse layoffs by state, or download the full dataset.

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