Colorado Layoffs — January 2018
Employers in Colorado logged 9 WARN Act notices in January 2018, involving roughly 819 workers — climbing above December and up 201% versus January 2017. The average filing covered 91 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Professional Services | 1 | 261 |
| Retail | 2 | 162 |
| Information & Technology | 1 | 149 |
| Manufacturing | 2 | 123 |
| Finance & Insurance | 2 | 70 |
| Construction | 1 | 54 |
The Professional Services sector dominated layoff filings with 261 workers across 1 notice. Meanwhile, Retail reported 162 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Adams | 4 | 412 |
| El Paso | 3 | 204 |
| Arapahoe | 1 | 149 |
| Boulder | 1 | 54 |
Adams saw the most concentrated activity, accounting for 50% of all affected workers with 412 workers across 4 notices.
| City | Notices | Workers |
|---|---|---|
| Denver | 4 | 498 |
| Pikes Peak | 3 | 204 |
| Adams | 1 | 63 |
| Boulder | 1 | 54 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 1 | 81 |
Closures accounted for 10% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Startek | Denver | 261 | ||
| First Data | Denver | 149 | ||
| Northrop Grumman | Pikes Peak | 85 | ||
| K-Mart Corporation Store #04332 | Denver | 81 | Closure | |
| Kmart | Pikes Peak | 81 | ||
| Scottrade - Ameritrade | Adams | 63 | ||
| Fluor | Boulder | 54 | ||
| Northrop Grumman | Pikes Peak | 38 | ||
| National Planning Holdings | Denver | 7 |
The biggest impact was at Startek at its Denver facility, reporting 261 affected workers. First Data followed with 149 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
This data points to mounting pressure on the Colorado labor market, with activity running above both recent and year-ago benchmarks. The Professional Services 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.