New Mexico Layoffs — August 2024

Employers in New Mexico posted 6 WARN Act notices in August 2024, affecting an estimated 528 workers — reflecting a significant uptick compared to July. The average filing covered 88 workers, with 0 closures among the notices.

6
Notices Filed
528
Workers Affected
88
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Accommodation & Food3174

The Accommodation & Food sector saw the heaviest impact with 174 workers across 3 notices.

Geographic Hotspots

CountyNoticesWorkers
Curry3354
Colfax3174

Curry felt the sharpest impact, accounting for 67% of all affected workers with 354 workers across 3 notices.

CityNoticesWorkers
Clovis2236
Cimarron2116

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Hallcon Corporation1182024-08-30
Hallcon CorporationClovis1182024-08-30
Hallcon CorporationClovis1182024-08-30
St. James Hotel and UU Bar Ranch582024-08-29
St. James Hotel and UU Bar RanchCimarron582024-08-29
St. James Hotel and UU Bar RanchCimarron582024-08-29

The largest notice was filed by Hallcon Corporation at its New Mexico facility, reporting 118 affected workers. Hallcon Corporation followed with 118 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The trends suggest mounting pressure on the New Mexico labor market, with activity running above both recent and year-ago benchmarks. The Accommodation & Food 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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