Colorado Layoffs — May 2021
Employers in Colorado submitted 2 WARN Act notices in May 2021, putting at risk an estimated 520 workers — up substantially from 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 emerged as the hardest-hit sector with 287 workers across 1 notice. Separately, Information & Technology reported 233 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Adams | 2 | 520 |
Adams felt the sharpest impact, 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 |
Topping the list was 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.
These figures highlight 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.