Colorado Layoffs — May 2024

Employers in Colorado submitted 9 WARN Act notices in May 2024, putting at risk an estimated 893 workers — up substantially from April and up 170% versus May 2023. The average filing covered 99 workers, with 0 closures among the notices.

Industry Breakdown

The Retail sector emerged as the hardest-hit sector with 141 workers across 1 notice. Separately, Finance & Insurance reported 70 workers.

Geographic Hotspots

Adams felt the sharpest impact, accounting for 19% of all affected workers with 173 workers across 2 notices.

Layoff Type Analysis

Layoff type classification was not available for filings in Colorado this month.

Largest Layoffs

Topping the list was Rocky Mountain Crisis Partners at its Colorado facility, reporting 330 affected workers. Walmart Store #6178 followed with 141 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

These figures highlight 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.