Maryland Layoffs — July 2003

Employers in Maryland submitted 7 WARN Act notices in July 2003, putting at risk an estimated 796 workers — up substantially from June and down 31% versus July 2002. The average filing covered 114 workers, with 5 closures among the notices.

7
Notices Filed
796
Workers Affected
114
Avg per Notice
5
Closures

Industry Breakdown

IndustryNoticesWorkers
Other7796

The Other sector emerged as the hardest-hit sector with 796 workers across 7 notices.

Geographic Hotspots

CountyNoticesWorkers
Howard2261
Frederick1164
Anne Arundel1123
Allegany199
Montgomery187

Howard was the epicenter of layoff activity, accounting for 33% of all affected workers with 261 workers across 2 notices.

CityNoticesWorkers
Jessup1235
Frederick1164
Baltimore1123
Frostburg199
Gaithersburg187

Layoff Type Analysis

TypeNoticesWorkers
Closure5570
Layoff2226

The high proportion of closures (72% of affected workers) suggests structural shifts rather than temporary cutbacks in Maryland's labor market.

Largest Layoffs

CompanyCityWorkersTypeDate
Baltimore Aircoil CompanyJessup235Closure2003-07-14
Farmers & Mechanics BankFrederick164Layoff2003-07-02
Renaissance MarkBaltimore123Closure2003-07-29
Northrop GrumannFrostburg99Closure2003-07-01
Genetic Therapy, IncGaithersburg87Closure2003-07-30
Baxter Healthcare CorpBeltsville62Layoff2003-07-17
Baxter Healthcare CorpColumbia26Closure2003-07-17

Topping the list was Baltimore Aircoil Company at its Jessup facility, reporting 235 affected workers. Farmers & Mechanics Bank followed with 164 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

These figures highlight a mixed picture for Maryland's labor market, with activity diverging between monthly and annual comparisons. The Other sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by Maryland. The Worker Adjustment and Retraining Notification (WARN) Act requires employers with 100+ employees to provide 60-day advance notice of mass layoffs and plant closings. Data is updated daily by WARN Firehose. View all Maryland WARN notices, browse layoffs by state, or download the full dataset.

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