Colorado Layoffs — March 2023
Employers in Colorado posted 23 WARN Act notices in March 2023, affecting an estimated 369 workers — reflecting a significant uptick compared to February and up 4000% versus March 2022. The average filing covered 16 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Retail | 19 | 141 |
| Finance & Insurance | 1 | 98 |
| Real Estate | 1 | 76 |
| Manufacturing | 1 | 50 |
| Other | 1 | 4 |
The Retail sector saw the heaviest impact with 141 workers across 19 notices. On a related front, Finance & Insurance reported 98 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Adams | 3 | 224 |
| San Miguel | 9 | 81 |
| Pitkin | 10 | 60 |
| Los Angeles | 1 | 4 |
Adams bore the heaviest burden, accounting for 61% of all affected workers with 224 workers across 3 notices.
| City | Notices | Workers |
|---|---|---|
| Denver | 3 | 224 |
| Telluride | 9 | 81 |
| Aspen | 4 | 22 |
| Snowmass Village | 3 | 19 |
| Snowmass | 3 | 19 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 1 | 50 |
Largest Layoffs
The largest notice was filed by Friday Health Plans at its Denver facility, reporting 98 affected workers. Laramar Group followed with 76 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 Retail 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.