New Mexico Layoffs — January 2018
Employers in New Mexico logged 2 WARN Act notices in January 2018, involving roughly 294 workers and down 29% versus January 2017. The average filing covered 147 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Utilities | 1 | 232 |
| Manufacturing | 1 | 62 |
The Utilities sector dominated layoff filings with 232 workers across 1 notice. Meanwhile, Manufacturing reported 62 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| San Juan | 1 | 232 |
| Bernalillo | 1 | 62 |
San Juan felt the sharpest impact, accounting for 79% of all affected workers with 232 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Waterflow | 1 | 232 |
| Albuquerque | 1 | 62 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Mexico this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| XTO Energy | Waterflow | 232 | ||
| Lockheed Martin Corporation Rotary & Mission Systems | Albuquerque | 62 |
The biggest impact was at XTO Energy at its Waterflow facility, reporting 232 affected workers. Lockheed Martin Corporation Rotary & Mission Systems followed with 62 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
This data points to a mixed picture for New Mexico's labor market, with activity diverging between monthly and annual comparisons. The Utilities 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.