Trifecta of layoffs in energy, cannabis and manufacturing sectors hit Colorado simultaneously

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Three Colorado employers have notified the state that they plan to eliminate 334 jobs in Denver and Pueblo

, according toletters filed with the Colorado Department of Labor and Employment this week.

The largest of the three layoffs comes from Pinnacle Architectural Lighting Inc., which is closing its lighting products manufacturing plant and distribution facility at 3801 Havana St. in Denver and eliminating 151 jobs. The cuts are expected to start in June and stretch through the first quarter of 2024.

“This closure is due to a restructuring and reorganization, which will involve merging the company’s work facilities and related business operations in Kenosha, Wis., and Denver,” Sherri Shimomura, vice president of human resources for Legrand Lighting Sector, wrote in a WARN letter., which had developed a reputation for unique lighting designs and fixtures.

DCP Midstream, a natural gas processor that has ranked as the state’s largest petroleum industry employer, informed the state that it would cut 136 jobs at its DTC headquarters. Nationwide, the company had about 1,800 employees last year. “DCP Midstream expects the associated layoffs to be permanent,” Lisa Mora, a senior human resources executive with the company said in her WARN letter to the state. The layoffs will be even more stretched out than those at Pinnacle, starting on March 31 and wrapping up a year later.

 

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Cuts in an industry reporting record profits.

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