Colorado Layoffs — November 2022
Employers in Colorado posted 7 WARN Act notices in November 2022, affecting an estimated 334 workers — reflecting a significant uptick compared to October and up 69% versus November 2021. The average filing covered 48 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Information & Technology | 2 | 139 |
| Finance & Insurance | 1 | 100 |
| Manufacturing | 2 | 73 |
| Education | 1 | 21 |
| Healthcare | 1 | 1 |
The Information & Technology sector saw the heaviest impact with 139 workers across 2 notices. On a related front, Finance & Insurance reported 100 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Adams | 4 | 223 |
| El Paso | 2 | 73 |
| Boulder | 1 | 38 |
Adams saw the most concentrated activity, accounting for 67% of all affected workers with 223 workers across 4 notices.
| City | Notices | Workers |
|---|---|---|
| Denver | 4 | 223 |
| Pikes Peak | 2 | 73 |
| Boulder | 1 | 38 |
Layoff Type Analysis
Layoff type classification was not available for filings in Colorado this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| HSS Security | Denver | 101 | ||
| Cross Country Mortgage | Denver | 100 | ||
| Astra Space | Pikes Peak | 72 | ||
| Twitter (Boulder) Supplemental | Boulder | 38 | ||
| Flatiron School | Denver | 21 | ||
| Astra Space | Pikes Peak | 1 | ||
| Rume Health | Denver | 1 |
The largest notice was filed by HSS Security at its Denver facility, reporting 101 affected workers. Cross Country Mortgage followed with 100 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The trends suggest mounting pressure on the Colorado labor market, with activity running above both recent and year-ago benchmarks. The Information & Technology 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.