New Mexico Layoffs — January 2020
Employers in New Mexico posted 3 WARN Act notices in January 2020, affecting an estimated 355 workers. The average filing covered 118 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Professional Services | 1 | 200 |
| Utilities | 1 | 100 |
| Manufacturing | 1 | 55 |
The Professional Services sector saw the heaviest impact with 200 workers across 1 notice. On a related front, Utilities reported 100 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Sandoval | 1 | 200 |
| Cibola | 1 | 100 |
| Eddie | 1 | 55 |
Sandoval felt the sharpest impact, accounting for 56% of all affected workers with 200 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Rio Rancho | 1 | 200 |
| Milan | 1 | 100 |
| Albuquerque | 1 | 55 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Mexico this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Concentrix CVG | Rio Rancho | 200 | ||
| Tri-State G&T Escalante Generating Station | Milan | 100 | ||
| OMNI | Albuquerque | 55 |
The largest notice was filed by Concentrix CVG at its Rio Rancho facility, reporting 200 affected workers. Tri-State G&T Escalante Generating Station followed with 100 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The trends suggest mounting pressure on the New Mexico 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 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.