Maryland Layoffs — November 2017

Employers in Maryland submitted 10 WARN Act notices in November 2017, putting at risk an estimated 654 workers and up 25% versus November 2016. The average filing covered 65 workers, with 3 closures among the notices.

10
Notices Filed
654
Workers Affected
65
Avg per Notice
3
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance3164
Retail394

The Finance & Insurance sector emerged as the hardest-hit sector with 164 workers across 3 notices. Separately, Retail reported 94 workers.

Geographic Hotspots

CountyNoticesWorkers
Anne Arundel1141
Frederick2139

Anne Arundel absorbed the greatest share of layoffs, accounting for 22% of all affected workers with 141 workers across 1 notices.

CityNoticesWorkers
Annapolis1141
Frederick2139
Abbottstown147
Purchase dataset for city details20

Layoff Type Analysis

TypeNoticesWorkers
Closure3245
Layoff182

Closures accounted for 37% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Lord & Taylor141Closure2017-11-16
Lord & TaylorAnnapolis1412017-11-16
First Guaranty Mortgage Corporation82Layoff2017-11-27
First Guaranty Mortgage CorporationFrederick822017-11-27
Charles River Laboratories, Inc57Closure2017-11-13
Charles River LaboratoriesFrederick572017-11-13
The Bon-Ton Stores Inc47Closure2017-11-27
The Bon-Ton Stores IncAbbottstown472017-11-27
The Bon-Ton Stores IncPurchase dataset for city detailsN/A2017-11-27
First Guaranty Mortgage CorporationPurchase dataset for city detailsN/A2017-11-27

Topping the list was Lord & Taylor at its Maryland facility, reporting 141 affected workers. Lord & Taylor followed with 141 workers.

Trend & Outlook

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

These figures highlight mounting pressure on the Maryland labor market, with activity running above both recent and year-ago benchmarks. 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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