New Layoffs in Colorado Now Rise Prior To The Holidays

November 23, 2023

New layoffs in Colorado now rise prior to the holidays according to the latest WARN filings.

One of the latest companies to advise of upcoming job cuts in Colorado is Aventum.

Aventum is an American government and commercial services contractor.

The company has advised that 54 of its staff working on a project in Pueblo will be laid off due to the completion of a project.

It’s important to note that under the Worker Adjustment and Retraining Notification Act, an employer with more than 100 full-time workers must provide a 60-day notice before laying off 50 or more people at a single site.

“This letter constitutes official notification, for purposes of the Worker Adjustment and Retraining Act (WARN Act), that Amentum, at the Pueblo Chemical Agent–Destruction Pilot Plant (PCAPP) project on the Pueblo Chemical Depot, 45825 Hwy 96 E Pueblo, CO 81006, has completed its operations mission and will commence with closure activities,” the company said in a statement.

“The project will ultimately be permanently closed. In accordance with the PCAPP Closure Plan, all employees will be permanently released from the project as their duties come to an end.”

So far in 2023, there has been approximately 27,761 layoffs in Colorado across 95 businesses according to the latest WARN data.

California remains the #1 state with the most layoffs in the country.

In second place is New York followed by Colorado, Illinois, Texas, Washington, New Jersey, Florida, Michigan, and Georgia.

Below is a list of businesses who have announced of upcoming job cuts in Colorado this year:

Evraz. 600 job cuts by 12/22.
Dish Network LLC. 466 job cuts by 1/07/2024.
SMX Cargo LLC. 84 job cuts by 12/17.
Cygnus Home Service dba Yelloh. 51 job cuts by 12/15.
American Nursery Services. 25 job cuts by 12/31.

Also Read: A US Company Now Declares An Unexpected Bankruptcy

Other Economy News Today

A massive retailer will now close during the Thanksgiving holiday for the first time ever in its history.

Walgreens announced that it will join the retailer trend and close most of its locations on Thanksgiving Day.

Tracey Brown, executive VP of Walgreens Retail and Chief Customer Officer, said in a press release that the company’s decision was based in part on employee feedback.

“We have consistently heard from our team members — who are the face of Walgreens — that time off is a meaningful way for us to demonstrate we value them,” Brown said.

The company said almost all of its 24-hour locations will remain open on Thanksgiving as will a “small number” of Walgreens distribution centers and other sites.

“Thanksgiving closures garnered attention during worker-friendly labor markets in the years before the pandemic as a way for retailers to attract talent during a busy time of year.

This trend continued through the pandemic,” reports RetailDive.

In its announcement, Walgreens said employee efforts during the “respiratory illness season,” such as providing vaccinations, screenings and prescription access, motivated its decision to close.

“We know that this season comes with immense pressures to provide the highest level of healthcare and service from our pharmacies,” Brown said.

“Our change in operations this year is intended to acknowledge the dedication of our store team members and leadership, pharmacists and pharmacy techs who are working incredibly hard to deliver great customer and patient care.”

Walmart closed stores for Thanksgiving in 2020 for the first time since the 1980s, acknowledging the work employees had done during the pandemic’s first year.

Competitor Target similarly closed in 2020, and both companies have continued the practice ever since.

Also Read: Massive Layoffs in California Now Underway Prior to Holidays

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