Iowa Layoffs — October 2023
Employers in Iowa posted 8 WARN Act notices in October 2023, affecting an estimated 144 workers — reflecting a cooling compared to September and down 68% versus October 2022. The average filing covered 18 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 7 | 111 |
| Manufacturing | 1 | 33 |
The Finance & Insurance sector saw the heaviest impact with 111 workers across 7 notices. On a related front, Manufacturing reported 33 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Polk | 5 | 46 |
| Linn | 1 | 40 |
| Lee | 1 | 33 |
| Johnson | 1 | 25 |
Polk absorbed the greatest share of layoffs, accounting for 32% of all affected workers with 46 workers across 5 notices.
| City | Notices | Workers |
|---|---|---|
| Cedar Rapids | 1 | 40 |
| West Des Moines | 1 | 34 |
| Fort Madison | 1 | 33 |
| North Liberty | 1 | 25 |
| Des Moines | 4 | 12 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 3 | 107 |
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| UFG Insurance | Cedar Rapids | 40 | Layoff | |
| Wells Fargo | West Des Moines | 34 | Layoff | |
| Independent Can | Fort Madison | 33 | Layoff | |
| Geico | North Liberty | 25 | ||
| Wells Fargo | Des Moines | 6 | ||
| Wells Fargo | Des Moines | 4 | ||
| Wells Fargo | Des Moines | 1 | ||
| Wells Fargo | Des Moines | 1 |
The largest notice was filed by UFG Insurance at its Cedar Rapids facility, reporting 40 affected workers. Wells Fargo followed with 34 workers.
Trend & Outlook
The trends suggest a easing in workforce disruptions across Iowa, with filings falling below both recent and year-ago levels. 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.