Maryland Layoffs — August 2024
Employers in Maryland submitted 5 WARN Act notices in August 2024, putting at risk an estimated 345 workers — up substantially from July and down 85% versus August 2023. The average filing covered 69 workers, with 2 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Arts & Entertainment | 1 | 233 |
| Wholesale Trade | 1 | 50 |
| Finance & Insurance | 1 | 25 |
| Manufacturing | 1 | 24 |
| Professional Services | 1 | 13 |
The Arts & Entertainment sector emerged as the hardest-hit sector with 233 workers across 1 notice. Separately, Wholesale Trade reported 50 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Anne Arundel | 4 | 332 |
| Frederick | 1 | 13 |
Anne Arundel saw the most concentrated activity, accounting for 96% of all affected workers with 332 workers across 4 notices.
| City | Notices | Workers |
|---|---|---|
| Baltimore | 3 | 282 |
| Odenton | 1 | 50 |
| Frederick | 1 | 13 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 3 | 271 |
| Closure | 2 | 74 |
Closures accounted for 21% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| ASM Global at The Lyric | Baltimore | 233 | Layoff | |
| Pitney Bowes | Odenton | 50 | Closure | |
| Alta Finance Group | Baltimore | 25 | Layoff | |
| American Signature, Inc. DBA Value City Furniture | Baltimore | 24 | Closure | |
| Charles River Laboratories | Frederick | 13 | Layoff |
Topping the list was ASM Global at The Lyric at its Baltimore facility, reporting 233 affected workers. Pitney Bowes followed with 50 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
These figures highlight a mixed picture for Maryland's labor market, with activity diverging between monthly and annual comparisons. The Arts & Entertainment 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.