Maryland Layoffs — July 2012
Employers in Maryland filed 1 WARN Act notices in July 2012, impacting roughly 55 workers — representing a pullback from June and down 87% versus July 2011. The average filing covered 55 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 55 |
The Finance & Insurance sector led the way in workforce reductions with 55 workers across 1 notice.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Baltimore | 1 | 55 |
Baltimore felt the sharpest impact, accounting for 100% of all affected workers with 55 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Hunt Valley | 1 | 55 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 1 | 55 |
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Bank of America | Hunt Valley | 55 | Layoff |
The single largest action involved Bank of America at its Hunt Valley facility, reporting 55 affected workers.
Trend & Outlook
This is the third consecutive month of declining layoff activity.
The data underscores 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.