Maryland Layoffs — May 2010

Employers in Maryland logged 4 WARN Act notices in May 2010, involving roughly 310 workers — falling below April and down 6% versus May 2009. The average filing covered 78 workers, with 1 closure among the notices.

4
Notices Filed
310
Workers Affected
78
Avg per Notice
1
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance2202

The Finance & Insurance sector dominated layoff filings with 202 workers across 2 notices.

Geographic Hotspots

Geographic details were not available for filings in Maryland this month.

Layoff Type Analysis

TypeNoticesWorkers
Layoff3233
Closure177

Closures accounted for 25% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Capital One Bank134Layoff2010-05-11
Hanger Orthopedic Group Inc77Closure2010-05-25
Capital One Bank68Layoff2010-05-11
General Dynamics Land Systems31Layoff2010-05-18

The biggest impact was at Capital One Bank at its Maryland facility, reporting 134 affected workers. Hanger Orthopedic Group Inc followed with 77 workers.

Trend & Outlook

This is the third consecutive month of declining layoff activity.

This data points to a easing in workforce disruptions across Maryland, with filings falling below both recent and year-ago levels. 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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