Employers in Maryland submitted 6 WARN Act notices in March 2010, putting at risk an estimated 862 workers and down 21% versus March 2009. The average filing covered 144 workers, with 2 closures among the notices.
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 179 |
The Finance & Insurance sector emerged as the hardest-hit sector with 179 workers across 1 notice.
Geographic details were not available for filings in Maryland this month.
| Type | Notices | Workers |
|---|---|---|
| Layoff | 4 | 756 |
| Closure | 2 | 106 |
Closures accounted for 12% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| BP Solar | 323 | Layoff | 2010-03-26 | |
| Capital One Bank | 179 | Layoff | 2010-03-09 | |
| Northrop Grumman | 174 | Layoff | 2010-03-11 | |
| Sears Holdings | 101 | Closure | 2010-03-05 | |
| General Dynamics | 80 | Layoff | 2010-03-08 | |
| Wackenhut Services Inc | 5 | Closure | 2010-03-01 |
Topping the list was BP Solar at its Maryland facility, reporting 323 affected workers. Capital One Bank followed with 179 workers.
After a dip last month, layoff activity has ticked back up.
These figures highlight 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.
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