Colorado Layoffs — March 2021
Employers in Colorado posted 6 WARN Act notices in March 2021, affecting an estimated 1,351 workers — reflecting a significant uptick compared to February and down 89% versus March 2020. The average filing covered 225 workers, with 2 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 4 | 931 |
| Finance & Insurance | 1 | 417 |
The Manufacturing sector saw the heaviest impact with 931 workers across 4 notices. On a related front, Finance & Insurance reported 417 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Adams | 3 | 939 |
| Broomfield | 1 | 400 |
Adams absorbed the greatest share of layoffs, accounting for 70% of all affected workers with 939 workers across 3 notices.
| City | Notices | Workers |
|---|---|---|
| Denver | 2 | 817 |
| Broomfield | 1 | 400 |
| Adams | 1 | 122 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 2 | 817 |
The high proportion of closures (60% of affected workers) suggests structural shifts rather than temporary cutbacks in Colorado's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Santander Consumer USA | Denver | 417 | Closure | |
| Novartis Gene Therapies | Denver | 400 | Closure | |
| Novartis Pharmaceuticals | Broomfield | 400 | ||
| DPI Specialty Foods | Adams | 122 | ||
| Hill | 9 | |||
| Hill | 3 |
The largest notice was filed by Santander Consumer USA at its Denver facility, reporting 417 affected workers. Novartis Gene Therapies followed with 400 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The trends suggest a mixed picture for Colorado'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 Colorado. 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 Colorado WARN notices, browse layoffs by state, or download the full dataset.