New Mexico Layoffs — October 2023
Employers in New Mexico logged 3 WARN Act notices in October 2023, involving roughly 737 workers — climbing above September and up 2630% versus October 2022. The average filing covered 246 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Healthcare | 1 | 641 |
| Government | 1 | 16 |
The Healthcare sector dominated layoff filings with 641 workers across 1 notice. Meanwhile, Government reported 16 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Sandoval | 1 | 641 |
| Bernalillo | 2 | 96 |
Sandoval was the epicenter of layoff activity, accounting for 87% of all affected workers with 641 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Rio Rancho | 1 | 641 |
| Albuquerque | 1 | 16 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Mexico this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| UNM Sandoval Regional Medical Center | Rio Rancho | 641 | ||
| Systems Integration | 80 | |||
| Cygnus Home Service, LLC DBA Yelloh | Albuquerque | 16 |
The biggest impact was at UNM Sandoval Regional Medical Center at its Rio Rancho facility, reporting 641 affected workers. Systems Integration followed with 80 workers.
Trend & Outlook
This marks the third consecutive month of rising layoff activity.
This data points to mounting pressure on the New Mexico labor market, with activity running above both recent and year-ago benchmarks. The Healthcare 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.