Colorado Layoffs — May 2024

Employers in Colorado posted 21 WARN Act notices in May 2024, affecting an estimated 1,609 workers — reflecting a significant uptick compared to April and up 386% versus May 2023. The average filing covered 77 workers, with 2 closures among the notices.

21
Notices Filed
1,609
Workers Affected
77
Avg per Notice
2
Closures

Industry Breakdown

IndustryNoticesWorkers
Healthcare1330
Retail3282
Professional Services184
Finance & Insurance170
Manufacturing218
Information & Technology111

The Healthcare sector saw the heaviest impact with 330 workers across 1 notice. On a related front, Retail reported 282 workers.

Geographic Hotspots

CountyNoticesWorkers
Adams1330
Mesa165
Boulder10

Adams absorbed the greatest share of layoffs, accounting for 21% of all affected workers with 330 workers across 1 notices.

CityNoticesWorkers
Arapahoe/Douglas2458
Denver1330
Remote Workforce184
Mesa165
Weld118

Layoff Type Analysis

TypeNoticesWorkers
Closure2152

Closures accounted for 9% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Rocky Mountain Crisis Partners3302024-05-01
Rocky Mountain Crisis PartnersDenver3302024-05-01
NewRez, LLCArapahoe/Douglas3172024-05-03
Walmart Store #6178141Closure2024-05-13
WalmartArapahoe/Douglas1412024-05-13
Radial842024-05-01
RadialRemote Workforce842024-05-01
Newrez LLC702024-05-02
MindspringMesa652024-05-31
Carestream (Update)182024-05-21
Carestream (Update)Weld182024-05-21
Amentum11Closure2024-05-21
RadialN/A2024-05-01
Rocky Mountain Crisis PartnersN/A2024-05-01
Newrez LLCN/A2024-05-02

The largest notice was filed by Rocky Mountain Crisis Partners at its Colorado facility, reporting 330 affected workers. Rocky Mountain Crisis Partners followed with 330 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The trends suggest mounting pressure on the Colorado 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 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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