Maryland Layoffs — February 2018

Employers in Maryland reported 4 WARN Act notices in February 2018, displacing an estimated 120 workers — signaling a deceleration from January and down 80% versus February 2017. The average filing covered 30 workers, with 0 closures among the notices.

4
Notices Filed
120
Workers Affected
30
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance155

The Finance & Insurance sector topped the list of affected industries with 55 workers across 1 notice.

Geographic Hotspots

CountyNoticesWorkers
Anne Arundel155

Anne Arundel was the epicenter of layoff activity, accounting for 46% of all affected workers with 55 workers across 1 notices.

CityNoticesWorkers
Baltimore155
Staten Island15

Layoff Type Analysis

TypeNoticesWorkers
Layoff260

Largest Layoffs

CompanyCityWorkersTypeDate
Transamerica Life Insurance Company55Layoff2018-02-14
Transamerica LifeBaltimore552018-02-14
Compass Group, USA Inc5Layoff2018-02-01
Compass Group USAStaten Island52018-02-01

The most significant filing came from Transamerica Life Insurance Company at its Maryland facility, reporting 55 affected workers. Transamerica Life followed with 55 workers.

Trend & Outlook

The numbers illustrate 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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