Maryland Layoffs — October 2012

Employers in Maryland recorded 4 WARN Act notices in October 2012, covering approximately 364 workers — marking a sharp increase from September and up 507% versus October 2011. The average filing covered 91 workers, with 2 closures among the notices.

4
Notices Filed
364
Workers Affected
91
Avg per Notice
2
Closures

Industry Breakdown

IndustryNoticesWorkers
Admin & Support Services1125
Manufacturing125

The Admin & Support Services sector accounted for the largest share of job cuts with 125 workers across 1 notice. At the same time, Manufacturing reported 25 workers.

Geographic Hotspots

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

Layoff Type Analysis

TypeNoticesWorkers
Layoff2222
Closure2142

Closures accounted for 39% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Kratos Defense and Security Solutions125Layoff2012-10-26
Sinful Colors Inc117Closure2012-10-01
Human Genome Sciences97Layoff2012-10-15
Sotera Defense Solutions25Closure2012-10-29

Leading the list was Kratos Defense and Security Solutions at its Maryland facility, reporting 125 affected workers. Sinful Colors Inc followed with 117 workers.

Trend & Outlook

After a dip last month, layoff activity has ticked back up.

The filings reflect mounting pressure on the Maryland labor market, with activity running above both recent and year-ago benchmarks. The Admin & Support Services 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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