Top 2 employers cut jobs; others add, hold steady
Despite cutting jobs in 2006, the two largest employers in Boulder and Broomfield counties, IBM and Sun Microsystems Inc. remain at the top of the list of the area’s largest private-sector employers.
Although it cut 200 jobs at its campus between Boulder and Longmont, IBM (NYSE: IBM, $93.28) moved from No. 2 to replace Sun’s operations in Broomfield as the No. 1 private-sector employer in the Boulder Valley with 4,000 employees.
The University of Colorado in Boulder is the No. 1 public-sector employer with 7,050 full-time workers.
Last year the perennial largest-private employer was unseated by Sun Microsystems because its 2005 purchase of Louisville-based Storage Technology Corp. garnered the company about 2,000 employees.
With 1,313 jobs lost during the year, 2006’s No. 1 company Sun (Nasdaq: SUNW, $6.27) is now No. 2 with a local work force of 3,387.
Gainers, in order of percent increase, are Exempla Good Samaritan Medical Center in Lafayette, Valleylab in Boulder, Seagate Technology LLC and Longmont United Hospital in Longmont, Boulder Community Hospital and Safeway Inc.
No. 3 Ball Corp. (NYSE: BLL, $45.90) and No. 5 Level 3 Communications Inc. (Nasdaq: LVLT, $6.32) saw no change in work force numbers from last year – they employ 3,000 and 2,000, respectively.
However, Level 3 announced in February it intends to outsource 1,000 of its 5,800 jobs worldwide during 2007, but it is still unclear how many jobs, if any, will be lost in Boulder and Broomfield counties.
Boulder Community Hospital hired 30 people, for a total of 2,380. The 1.3 increase landed the hospital the No. 4 spot for the fifth year in a row.
Seagate and Valleylab, Nos. 6 and 9 respectively, each hired 100 people.
For Seagate (NYSE: STX, $24.26), that equals an increase of nearly 7 percent to 1,500 jobs.
Valleylab, a wholly owned subsidiary of Tyco International Ltd. (NYSE: TYC, $30.68), saw an 8 percent jump to 1,300 jobs. Valleylab, which will be part of a new company called Covidien when Tyco divides into three separate public companies this spring, also moved up from ninth place last year.
With 1,310 employees, Exempla shot into seventh place from 11th. The hospital, which opened in December 2004, hired 168 people last year for an increase of 15 percent.
Despite growing by 2 percent by hiring 23, Longmont United Hospital slipped to No. 9 from No. 8. It now employs 1,262.
Safeway (NYSE: SWY, $34.27) showed a small gain, but that didn’t keep the Pleasanton, Calif.-based grocer from sliding from seventh to 10th place. The company grew 0.4 percent and now employs 1,250 at its eight stores in the Boulder Valley – three in Longmont, three in Boulder, one in Lafayette and one in Broomfield.
Contact Caron Schwartz Ellis at (303) 440-4950 or csellis@bcbr.com.
Boulder Valley’s 10 largest private-sector employers
Rank Name No. of Percent
employees change
1 IBM Corp. 4,000 -4.8
2 Sun Microsystems Inc. 3,387 -28
3 Ball Corp. 3,000 No change
4 Boulder Community Hospital 2,380 1.3
5 Level 3 Communications Inc. 2,000 No change
6 Seagate Technology LLC 1,500 7.1
7 Exempla Good Samaritan Medical Center 1,310 15
8 Valleylab 1,300 8
9 Longmont United Hospital 1,262 2
10 Safeway Inc. 1,250 0.4
Despite cutting jobs in 2006, the two largest employers in Boulder and Broomfield counties, IBM and Sun Microsystems Inc. remain at the top of the list of the area’s largest private-sector employers.
Although it cut 200 jobs at its campus between Boulder and Longmont, IBM (NYSE: IBM, $93.28) moved from No. 2 to replace Sun’s operations in Broomfield as the No. 1 private-sector employer in the Boulder Valley with 4,000 employees.
The University of Colorado in Boulder is the No. 1 public-sector employer with 7,050 full-time workers.
Last year the perennial largest-private employer was unseated by Sun Microsystems because its 2005 purchase of…
Start your subscription to BizWest, The Business Journal of the Boulder Valley and Northern Colorado, TODAY!
Online access PLUS print versions of all Bizwest publications
One month subscription includes:
- 1-month online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-month subscription to BizWest & all of the publications in print version.
- 1-year access to daily email newsletter & breaking news alerts.
Online access for one year.
One month subscription includes:
- 1-month online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-year access to daily email newsletter & breaking news alerts.
Online and print versions of all Bizwest publications PLUS premium access to BizWest Datastore for one year.
One year subscription includes:
- 1-year online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-year subscription to BizWest & all of the publications in print version.
- 1-year premium online access to unlimited downloads from the BizWest Datastore!
- 1-year premium online access to the Breaking Ground website!
- 1-year access to daily email newsletter & breaking news alerts.
Premium access to the BreakingGround site plus online and print versions of all BizWest publications.
One year subscription includes:
- 1-year online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-year subscription to BizWest & all of the publications in print version.
- 1-year premium online access to the Breaking Ground website!
- 1-year access to daily email newsletter & breaking news alerts.
Premium access to the BreakingGround site plus online and print versions of all BizWest publications.
One month subscription includes:
- 1-year premium online access to the Breaking Ground website!
- 1-month online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-month subscription to BizWest & all of the publications in print version.
- 1-year access to daily email newsletter & breaking news alerts.