Maryland Layoffs — February 2014

Employers in Maryland recorded 5 WARN Act notices in February 2014, covering approximately 765 workers — marking a sharp increase from January and up 192% versus February 2013. The average filing covered 153 workers, with 2 closures among the notices.

5
Notices Filed
765
Workers Affected
153
Avg per Notice
2
Closures

Industry Breakdown

IndustryNoticesWorkers
Information & Technology2372
Healthcare156
Retail137

The Information & Technology sector accounted for the largest share of job cuts with 372 workers across 2 notices. At the same time, Healthcare reported 56 workers.

Geographic Hotspots

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

Layoff Type Analysis

TypeNoticesWorkers
Layoff3409
Closure2356

Closures accounted for 47% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Verizon Wireless361Layoff2014-02-21
Sun Products Corporation300Closure2014-02-12
Meritus Health56Closure2014-02-11
HDA, Inc and N-Store Merchandising, Inc37Layoff2014-02-04
Verizon Wireless11Layoff2014-02-21

Leading the list was Verizon Wireless at its Maryland facility, reporting 361 affected workers. Sun Products Corporation followed with 300 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

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