New Mexico Layoffs — July 2023
Employers in New Mexico submitted 2 WARN Act notices in July 2023, putting at risk an estimated 236 workers — down from June and up 141% versus July 2022. The average filing covered 118 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Transportation | 1 | 118 |
The Transportation sector emerged as the hardest-hit sector with 118 workers across 1 notice.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Bernalillo | 2 | 236 |
Bernalillo felt the sharpest impact, accounting for 100% of all affected workers with 236 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Albuquerque | 2 | 236 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Mexico this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Kevothermal | Albuquerque | 118 | ||
| Yellow | Albuquerque | 118 |
Topping the list was Kevothermal at its Albuquerque facility, reporting 118 affected workers. Yellow followed with 118 workers.
Trend & Outlook
These figures highlight a mixed picture for New Mexico's labor market, with activity diverging between monthly and annual comparisons. The Transportation sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by New Mexico. 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 New Mexico WARN notices, browse layoffs by state, or download the full dataset.