Maryland Layoffs — May 2022

Employers in Maryland logged 2 WARN Act notices in May 2022, involving roughly 196 workers — climbing above April and down 63% versus May 2021. The average filing covered 98 workers, with 1 closure among the notices.

2
Notices Filed
196
Workers Affected
98
Avg per Notice
1
Closures

Industry Breakdown

IndustryNoticesWorkers
Other1196
Finance & Insurance10

The Other sector dominated layoff filings with 196 workers across 1 notice. Meanwhile, Finance & Insurance reported 0 workers.

Geographic Hotspots

CityNoticesWorkers
Purchase dataset for city details10

Layoff Type Analysis

TypeNoticesWorkers
Closure1196

The high proportion of closures (100% of affected workers) suggests structural shifts rather than temporary cutbacks in Maryland's labor market.

Largest Layoffs

CompanyCityWorkersTypeDate
Toyota Motor Credit Corporation d/b/a Toyota Financial Services196Closure2022-05-02
Toyota Motor Credit Corporation d/b/a Toyota Financial ServicesPurchase dataset for city detailsN/A2022-05-02

The biggest impact was at Toyota Motor Credit Corporation d/b/a Toyota Financial Services at its Maryland facility, reporting 196 affected workers. Toyota Motor Credit Corporation d/b/a Toyota Financial Services followed with 0 workers.

Trend & Outlook

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

This data points to a mixed picture for Maryland's labor market, with activity diverging between monthly and annual comparisons. The Other 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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