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Colorado Layoffs — January 2023

Employers in Colorado posted 6 WARN Act notices in January 2023, affecting an estimated 1,018 workers — reflecting a significant uptick compared to December and up 80% versus January 2022. The average filing covered 170 workers, with 1 closure among the notices.

6
Notices Filed
1,018
Workers Affected
170
Avg per Notice
1
Closures

Industry Breakdown

Industry breakdown for Colorado
IndustryNoticesWorkers
Construction1666
Utilities1136
Manufacturing2114
Information & Technology187
Wholesale Trade115

The Construction sector saw the heaviest impact with 666 workers across 1 notice. On a related front, Utilities reported 136 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Adams4916
Boulder2102

Adams saw the most concentrated activity, accounting for 90% of all affected workers with 916 workers across 4 notices.

Top cities by layoff notices
CityNoticesWorkers
Denver4916
Boulder2102

Layoff Type Analysis

Layoff types breakdown
TypeNoticesWorkers
Closure187

Closures accounted for 9% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
Wanzek ConstructionDenver666
DCP MidstreamDenver136
Twitter (Boulder)Boulder87Closure
GymsharkDenver67
CuraleafDenver47
Specialized Bicycle ComponentsBoulder15

The largest notice was filed by Wanzek Construction at its Denver facility, reporting 666 affected workers. DCP Midstream followed with 136 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 Construction 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.

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