Iowa Layoffs — October 2020
Employers in Iowa posted 3 WARN Act notices in October 2020, affecting an estimated 159 workers — reflecting a cooling compared to September and down 40% versus October 2019. The average filing covered 53 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 2 | 106 |
| Transportation | 1 | 53 |
The Finance & Insurance sector saw the heaviest impact with 106 workers across 2 notices. On a related front, Transportation reported 53 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Linn | 2 | 106 |
| Johnson | 1 | 53 |
Linn absorbed the greatest share of layoffs, accounting for 67% of all affected workers with 106 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Cedar Rapids | 2 | 106 |
| North Liberty | 1 | 53 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 1 | 53 |
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| FedEx | North Liberty | 53 | ||
| Transamerican Life Insurance | Cedar Rapids | 53 | Layoff | |
| Transamerica Life | Cedar Rapids | 53 |
The largest notice was filed by FedEx at its North Liberty facility, reporting 53 affected workers. Transamerican Life Insurance followed with 53 workers.
Trend & Outlook
This is the third consecutive month of declining layoff activity.
The trends suggest a easing in workforce disruptions across Iowa, with filings falling below both recent and year-ago levels. The Finance & Insurance sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by Iowa. 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 Iowa WARN notices, browse layoffs by state, or download the full dataset.