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New Mexico Layoffs — April 2020

Employers in New Mexico logged 8 WARN Act notices in April 2020, involving roughly 2,245 workers — climbing above March and up 284% versus April 2019. The average filing covered 281 workers, with 0 closures among the notices.

8
Notices Filed
2,245
Workers Affected
281
Avg per Notice
0
Closures

Industry Breakdown

Industry breakdown for New Mexico
IndustryNoticesWorkers
Mining & Energy31,756
Accommodation & Food1180
Utilities127
Healthcare123

The Mining & Energy sector dominated layoff filings with 1,756 workers across 3 notices. Meanwhile, Accommodation & Food reported 180 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Silver City21,650
Bernalillo2259
Santa Fe1180
Eddie1106
Lea127

Silver City absorbed the greatest share of layoffs, accounting for 73% of all affected workers with 1,650 workers across 2 notices.

Top cities by layoff notices
CityNoticesWorkers
Silver City1825

Layoff Type Analysis

Layoff type classification was not available for filings in New Mexico this month.

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
Free McMoran Inc. Chino Mine825
Freeport-McMoRanSilver City825
Enterprise Holdings185
Tesuque Casino180
CALFRAC Well Services106
Shamrock Food74
CP Energy27
Vision Works23

The biggest impact was at Free McMoran Inc. Chino Mine at its New Mexico facility, reporting 825 affected workers. Freeport-McMoRan followed with 825 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

This data points to mounting pressure on the New Mexico labor market, with activity running above both recent and year-ago benchmarks. The Mining & Energy 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.

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