Colorado Layoffs — May 2021
Employers in Colorado posted 2 WARN Act notices in May 2021, affecting an estimated 520 workers — reflecting a significant uptick compared to April and down 80% versus May 2020. The average filing covered 260 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 287 |
| Information & Technology | 1 | 233 |
The Finance & Insurance sector saw the heaviest impact with 287 workers across 1 notice. On a related front, Information & Technology reported 233 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Adams | 2 | 520 |
Adams was the epicenter of layoff activity, accounting for 100% of all affected workers with 520 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Denver | 2 | 520 |
Layoff Type Analysis
Layoff type classification was not available for filings in Colorado this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| T. Rowe Price | Denver | 287 | ||
| Abm | Denver | 233 |
The largest notice was filed by T. Rowe Price at its Denver facility, reporting 287 affected workers. Abm followed with 233 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 Finance & Insurance 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.