Iowa Layoffs — August 2022
Employers in Iowa reported 9 WARN Act notices in August 2022, displacing an estimated 282 workers — signaling an acceleration from July and up 244% versus August 2021. The average filing covered 31 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 7 | 160 |
| Manufacturing | 2 | 122 |
The Finance & Insurance sector topped the list of affected industries with 160 workers across 7 notices. Notably, Manufacturing reported 122 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Linn | 3 | 85 |
| Polk | 4 | 75 |
| Lee | 1 | 65 |
| Pocahontas | 1 | 57 |
Linn bore the heaviest burden, accounting for 30% of all affected workers with 85 workers across 3 notices.
| City | Notices | Workers |
|---|---|---|
| Cedar Rapids | 3 | 85 |
| Keokuk | 1 | 65 |
| West Des Moines | 1 | 59 |
| Laurens | 1 | 57 |
| Des Moines | 1 | 13 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 3 | 177 |
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Archer-Daniels-Midland | Keokuk | 65 | Layoff | |
| Wells Fargo | West Des Moines | 59 | ||
| Jack Link's | Laurens | 57 | Layoff | |
| Aegon Global Services | Cedar Rapids | 55 | Layoff | |
| Transamerican Life Insurance | Cedar Rapids | 15 | ||
| Transamerica Life | Cedar Rapids | 15 | ||
| Wells Fargo | Des Moines | 13 | ||
| Wells Fargo | Clive | 2 | ||
| Wells Fargo | Ankeny | 1 |
The most significant filing came from Archer-Daniels-Midland at its Keokuk facility, reporting 65 affected workers. Wells Fargo followed with 59 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The numbers illustrate mounting pressure on the Iowa labor market, with activity running above both recent and year-ago benchmarks. 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.