New Mexico Layoffs — June 2020
Employers in New Mexico recorded 2 WARN Act notices in June 2020, covering approximately 159 workers — marking a decline from May. The average filing covered 80 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 95 |
| Healthcare | 1 | 64 |
The Finance & Insurance sector accounted for the largest share of job cuts with 95 workers across 1 notice. At the same time, Healthcare reported 64 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Bernalillo | 2 | 159 |
Bernalillo felt the sharpest impact, accounting for 100% of all affected workers with 159 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Albuquerque | 2 | 159 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Mexico this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| 505 Southwestern | Albuquerque | 95 | ||
| SPIRE Hospitality | Albuquerque | 64 |
Leading the list was 505 Southwestern at its Albuquerque facility, reporting 95 affected workers. SPIRE Hospitality followed with 64 workers.
Trend & Outlook
This is the third consecutive month of declining layoff activity.
The filings reflect a mixed picture for New Mexico's labor market, with activity diverging between monthly and annual comparisons. The Finance & Insurance 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.