Colorado's Workforce Faces Another Blow: Fresh Wave of Layoffs Adds to Job Losses

Ash Jurberg

Job Market Blues: Colorado's Struggle Intensifies Amid Mail Processing Business Departure

Matheson Flight Extenders (MFE), a mail processing, transportation, and logistics contractor, will lay off 60 employees as it closes a mail sorting facility in Colorado.

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.

MFE has lodged a WARN notice with the Colorado Department of Labor and Employment advising that 60 employees at a facility in Denver, Colorado, will be laid off.

MFE has been providing services to the Postal Service since December 1998 but has recently cut jobs in several states following a dispute with the US Postal Service.

November Colorado job cuts

November saw several businesses lay off workers in Colorado

  • Colorado TV and satellite provider Dish Network announced it was laying off over 500 staff earlier this month.
  • Clothing giant VF Corp, headquartered in Denver, announced 500 corporate staff will be laid off.
  • VMware advised that 184 staff at its office in Broomfield will be laid off in January.
  • Colorado-based company Sierra Space laid off 165 employees ahead of the long-awaited first mission of its Dream Chaser spaceplane.
  • Denver-based vacation rental company Evolve announced it will cut 175 positions, or 20% of its workforce. This is the second round of layoffs for the business this year; four months ago, it cut 164 staff members20% of its workforce. This is the second round of layoffs for the business this year, having cut 164 staff four months ago.
  • Aventum, an American government and commercial services contractor, has advised that 54 of its staff working on a project in Pueblo will be laid off due to the completion of a project.
  • Pharmaceutical giant Pfizer also announced job cuts. They filed a WARN notice with the Colorado Department of Labor and Employment advising of job cuts but did not specify how many employees would lose their jobs.
  • Iconic food delivery company Yelloh, known for its distinctive bright yellow trucks, announced it was ceasing operations in Colorado and cutting all employees.
  • DePuy Spine, a division of Johnson and Johnson, is closing the manufacturing activities at a facility in Colorado, resulting in the layoff of 67 employees.

Your thoughts

Are you concerned about these job losses? Do you fear the United States could be heading toward a recession? Who is to blame for job losses? Is there anything Gov.Polis can do to reduce job losses?

Please leave your thoughts in the comments section below and share this article with others so more people can join the discussion.

To keep up with all the latest business and retail developments in Colorado and the United States, please click on the follow button!

This is original content from NewsBreak’s Creator Program. Join today to publish and share your own content.

Comments / 27

Published by

Check out my latest bestselling book

San Antonio, TX

More from Ash Jurberg

Comments / 0