The good and bad of Colorado’s economy: Tech, aerospace companies coming to state, other firms laying off workers

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While Twitter, Outside and American Financing laid off employees, Teamwork, HNA Live and more are opening new Colorado offices

Economic news in Colorado has been a mixed bag recently: Inflation is impacting consumer spending over the holidays, recession fears are real and some prominent companies have laid off workers.

HNA Live considered 10 cities before making its choice. The startup employs 13 U.S.-based employees, but none in Colorado, as of Dec. 5. Members of Zivaro’s leadership team have already come from Colorado Springs, and 132 of 175 employees are in the state, said CEO and co-founder Greg Byles. “In many ways, this expansion feels like a homecoming and there is no other place we would rather be as we expand.”

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