Maryland Layoffs — June 2008

Employers in Maryland reported 4 WARN Act notices in June 2008, displacing an estimated 1,076 workers — signaling an acceleration from May and up 21% versus June 2007. The average filing covered 269 workers, with 4 closures among the notices.

4
Notices Filed
1,076
Workers Affected
269
Avg per Notice
4
Closures

Industry Breakdown

IndustryNoticesWorkers
Other41,076

The Other sector topped the list of affected industries with 1,076 workers across 4 notices.

Geographic Hotspots

CountyNoticesWorkers
Anne Arundel1445
Wicomico1278
Howard1201

Anne Arundel absorbed the greatest share of layoffs, accounting for 41% of all affected workers with 445 workers across 1 notices.

CityNoticesWorkers
Baltimore1445
Salisbury1278
Jessup1201
Baltimore City1152

Layoff Type Analysis

TypeNoticesWorkers
Closure41,076

The high proportion of closures (100% of affected workers) suggests structural shifts rather than temporary cutbacks in Maryland's labor market.

Largest Layoffs

CompanyCityWorkersTypeDate
HsbcBaltimore445Closure2008-06-09
Powerwave TechnologiesSalisbury278Closure2008-06-18
FOCUS Brands Inc. (Celebration Foods/Carvel)Jessup201Closure2008-06-05
Zurich-American Insurance GroupBaltimore City152Closure2008-06-06

The most significant filing came from Hsbc at its Baltimore facility, reporting 445 affected workers. Powerwave Technologies followed with 278 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The numbers illustrate mounting pressure on the Maryland labor market, with activity running above both recent and year-ago benchmarks. 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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