Maryland Layoffs — August 2024

Employers in Maryland reported 10 WARN Act notices in August 2024, displacing an estimated 701 workers — signaling an acceleration from July and down 83% versus August 2023. The average filing covered 70 workers, with 3 closures among the notices.

10
Notices Filed
701
Workers Affected
70
Avg per Notice
3
Closures

Industry Breakdown

IndustryNoticesWorkers
Other5345
Manufacturing248

The Other sector topped the list of affected industries with 345 workers across 5 notices. Notably, Manufacturing reported 48 workers.

Geographic Hotspots

CountyNoticesWorkers
Anne Arundel9688
Frederick113

Anne Arundel felt the sharpest impact, accounting for 98% of all affected workers with 688 workers across 9 notices.

CityNoticesWorkers
Baltimore7588
Odenton2100
Frederick113

Layoff Type Analysis

TypeNoticesWorkers
Layoff3271
Closure398

Closures accounted for 14% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
ASM Global at The LyricBaltimore233Layoff2024-08-13
ASM Global at The LyricBaltimore2332024-08-13
Pitney BowesOdenton50Closure2024-08-10
Pitney Bowes IncOdenton502024-08-10
Alta Finance Group, LLCBaltimore25Layoff2024-08-23
Alta Finance Group, LLCBaltimore252024-08-23
American Signature, Inc. d/b/a Value City FurnitureBaltimore24Closure2024-08-19
American Signature, Inc. dba Value City FurnitureBaltimore24Closure2024-08-19
American Signature, Inc. d/b/a Value City FurnitureBaltimore242024-08-19
Charles River LaboratoriesFrederick13Layoff2024-08-02

The most significant filing came from ASM Global at The Lyric at its Baltimore facility, reporting 233 affected workers. ASM Global at The Lyric followed with 233 workers.

Trend & Outlook

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

The numbers illustrate 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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