Colorado Layoffs — August 2018
Employers in Colorado recorded 7 WARN Act notices in August 2018, covering approximately 963 workers — marking a sharp increase from July and up 2193% versus August 2017. The average filing covered 138 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Professional Services | 2 | 485 |
| Finance & Insurance | 3 | 217 |
| Information & Technology | 1 | 186 |
| Manufacturing | 1 | 75 |
The Professional Services sector accounted for the largest share of job cuts with 485 workers across 2 notices. At the same time, Finance & Insurance reported 217 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| El Paso | 5 | 769 |
| Weld | 1 | 186 |
| Adams | 1 | 8 |
El Paso absorbed the greatest share of layoffs, accounting for 80% of all affected workers with 769 workers across 5 notices.
| City | Notices | Workers |
|---|---|---|
| Pikes Peak | 4 | 694 |
| Weld | 1 | 186 |
| Colorado Springs | 1 | 75 |
| Adams | 1 | 8 |
Layoff Type Analysis
Layoff type classification was not available for filings in Colorado this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Conduent Commercial Solutions | Pikes Peak | 410 | ||
| StarTek | Weld | 186 | ||
| Jackson National Life Insurance | Pikes Peak | 156 | ||
| General Dynamics | Pikes Peak | 75 | ||
| General Dynamics | Colorado Springs | 75 | ||
| Wells Fargo | Pikes Peak | 53 | ||
| Ameritrade Holding | Adams | 8 |
Leading the list was Conduent Commercial Solutions at its Pikes Peak facility, reporting 410 affected workers. StarTek followed with 186 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The filings reflect 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.