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Colorado Layoffs — August 2024

Employers in Colorado reported 6 WARN Act notices in August 2024, displacing an estimated 291 workers — signaling a deceleration from July and down 69% versus August 2023. The average filing covered 48 workers, with 0 closures among the notices.

6
Notices Filed
291
Workers Affected
48
Avg per Notice
0
Closures

Industry Breakdown

Industry breakdown for Colorado
IndustryNoticesWorkers
Government179
Finance & Insurance170
Healthcare163
Retail149
Manufacturing230

The Government sector topped the list of affected industries with 79 workers across 1 notice. Notably, Finance & Insurance reported 70 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
El Paso170
Adams163
Boulder230

El Paso bore the heaviest burden, accounting for 24% of all affected workers with 70 workers across 1 notices.

Top cities by layoff notices
CityNoticesWorkers
Pikes Peak170
Denver163
Boulder230

Layoff Type Analysis

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

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
TPS Parking Mgmt79
Wells FargoPikes Peak70
Casey's PondDenver63
True Value49
ImmunityBioBoulder25
ImmunityBioBoulder5

The most significant filing came from 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 numbers illustrate a easing in workforce disruptions across Colorado, with filings falling below both recent and year-ago levels. The Government 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.

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