Colorado Layoffs — August 2024
Employers in Colorado recorded 6 WARN Act notices in August 2024, covering approximately 291 workers — marking a decline from July and down 69% versus August 2023. The average filing covered 48 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 70 |
| Healthcare | 1 | 63 |
| Manufacturing | 1 | 25 |
The Finance & Insurance sector accounted for the largest share of job cuts with 70 workers across 1 notice. At the same time, Healthcare reported 63 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| El Paso | 1 | 70 |
| Adams | 1 | 63 |
| Boulder | 2 | 30 |
El Paso absorbed the greatest share of layoffs, accounting for 24% of all affected workers with 70 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Pikes Peak | 1 | 70 |
| Denver | 1 | 63 |
| Boulder | 2 | 30 |
Layoff Type Analysis
Layoff type classification was not available for filings in Colorado this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| TPS Parking Mgmt | 79 | |||
| Wells Fargo | Pikes Peak | 70 | ||
| Casey's Pond | Denver | 63 | ||
| True Value | 49 | |||
| ImmunityBio | Boulder | 25 | ||
| ImmunityBio | Boulder | 5 |
Leading the list was TPS Parking Mgmt at its Colorado facility, reporting 79 affected workers. Wells Fargo followed with 70 workers.
Trend & Outlook
This is the third consecutive month of declining layoff activity.
The filings reflect a easing in workforce disruptions across Colorado, 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 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.