New Mexico Layoffs — January 2016
Employers in New Mexico submitted 3 WARN Act notices in January 2016, putting at risk an estimated 519 workers. The average filing covered 173 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Information & Technology | 1 | 406 |
| Retail | 1 | 61 |
| Manufacturing | 1 | 52 |
The Information & Technology sector emerged as the hardest-hit sector with 406 workers across 1 notice. Separately, Retail reported 61 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Sandoval | 1 | 406 |
| Socorro | 1 | 61 |
| Curry | 1 | 52 |
Sandoval felt the sharpest impact, accounting for 78% of all affected workers with 406 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Rio Rancho | 1 | 406 |
| Socorro | 1 | 61 |
| Portales | 1 | 52 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Mexico this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Sprint | Rio Rancho | 406 | ||
| Smith's Food & Drug Store | Socorro | 61 | ||
| Coca-Cola Refreshments | Portales | 52 |
Topping the list was Sprint at its Rio Rancho facility, reporting 406 affected workers. Smith's Food & Drug Store followed with 61 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
These figures highlight mounting pressure on the New Mexico labor market, with activity running above both recent and year-ago benchmarks. The Information & Technology 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.