New Mexico Layoffs — May 2020
Employers in New Mexico posted 5 WARN Act notices in May 2020, affecting an estimated 661 workers — reflecting a cooling compared to April and up 250% versus May 2019. The average filing covered 132 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 3 | 391 |
| Information & Technology | 1 | 200 |
The Manufacturing sector saw the heaviest impact with 391 workers across 3 notices. On a related front, Information & Technology reported 200 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Bernalillo | 2 | 400 |
| Las Cruces | 1 | 128 |
| Eddy | 1 | 70 |
| Valencia | 1 | 63 |
Bernalillo absorbed the greatest share of layoffs, accounting for 61% of all affected workers with 400 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Albuquerque | 2 | 400 |
| Las Cruces | 1 | 128 |
| Artesia | 1 | 70 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Mexico this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Raytheon Missiles & Defense | Albuquerque | 200 | ||
| RTX | Albuquerque | 200 | ||
| Emperereon Constar | Las Cruces | 128 | ||
| Jasper Ventures | Artesia | 70 | ||
| Keter US | 63 |
The largest notice was filed by Raytheon Missiles & Defense at its Albuquerque facility, reporting 200 affected workers. RTX followed with 200 workers.
Trend & Outlook
The trends suggest a mixed picture for New Mexico's labor market, with activity diverging between monthly and annual comparisons. The Manufacturing 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.