Maryland Layoffs — March 2004
Employers in Maryland recorded 5 WARN Act notices in March 2004, covering approximately 1,015 workers — marking a sharp increase from February and down 72% versus March 2003. The average filing covered 203 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 2 | 571 |
| Healthcare | 2 | 400 |
| Transportation | 1 | 44 |
The Finance & Insurance sector accounted for the largest share of job cuts with 571 workers across 2 notices. At the same time, Healthcare reported 400 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Anne Arundel | 2 | 829 |
| Prince Georges | 2 | 111 |
| Montgomery | 1 | 75 |
Anne Arundel felt the sharpest impact, accounting for 82% of all affected workers with 829 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Baltimore | 2 | 829 |
| Rockville | 1 | 75 |
| Beltsville | 1 | 67 |
| Greenbelt | 1 | 44 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 4 | 948 |
| Closure | 1 | 67 |
Closures accounted for 7% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Sierra Military Health Services | Baltimore | 504 | Layoff | |
| Youth Services International | Baltimore | 325 | Layoff | |
| Fiserv | Rockville | 75 | Layoff | |
| Bank of America | Beltsville | 67 | Closure | |
| Allegiance Telecom | Greenbelt | 44 | Layoff |
Leading the list was Sierra Military Health Services at its Baltimore facility, reporting 504 affected workers. Youth Services International followed with 325 workers.
Trend & Outlook
This marks the third consecutive month of rising layoff activity.
The filings reflect a mixed picture for Maryland's labor market, with activity diverging between monthly and annual comparisons. The Finance & Insurance 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.