Finance & Insurance Layoffs in Maryland
Tracking 134 finance & insurance WARN Act layoff notices affecting 12,182 workers in Maryland. Data from official state workforce agency filings, updated daily.
134
Total Notices
12,182
Workers Affected
15
Cities
15
Companies
Top Companies — Finance & Insurance Layoffs in Maryland
| Company | Notices | Workers Affected |
|---|---|---|
| Wells Fargo | 15 | 396 |
| Bank of America | 9 | 457 |
| M&T Bank | 6 | 1,107 |
| Pnc | 4 | 528 |
| Atlantic Union Bankshares | 3 | 100 |
| Capital One | 3 | 174 |
| Capital One Bank | 3 | 381 |
| Deutsche Bank | 3 | 127 |
| Alta Finance Group | 2 | 27 |
| AAA Club Alliance | 2 | 18 |
| PayPal | 2 | 380 |
| Transamerica Life | 2 | 80 |
| Commerce | 2 | 125 |
| Legg Mason | 2 | 176 |
| JPMorgan Chase | 2 | 781 |
Finance & Insurance Layoffs by City in Maryland
| City | Notices | Workers Affected |
|---|---|---|
| Baltimore | 34 | 4,426 |
| Frederick | 20 | 959 |
| Columbia | 14 | 899 |
| Timonium | 9 | 987 |
| Hunt Valley | 8 | 386 |
| Owings Mills | 5 | 510 |
| Rockville | 4 | 542 |
| Bethesda | 4 | 309 |
| Glen Burnie | 4 | 381 |
| Baltimore City | 4 | 508 |
| Gaithersburg | 2 | 179 |
| Olney | 2 | 49 |
| Riverdale | 2 | 477 |
| Silver Spring | 2 | 81 |
| Hanover | 2 | 216 |
Latest Finance & Insurance Layoff Notices in Maryland
| Company | City | Employees | Type | Notice Date |
|---|---|---|---|---|
| T. Rowe Price | Baltimore | 54 | Layoff | 2026-02-06 |
| MUFG Investor Services | Rockville | 86 | Layoff | 2026-01-30 |
| S3 Shared Service Solutions | Baltimore | 92 | Layoff | 2025-12-01 |
| Atlantic Union Bankshares | Columbia | 51 | Layoff | 2025-08-18 |
| Leidos | Gaithersburg | 19 | Layoff | 2025-04-30 |
| Atlantic Union Bankshares | Olney | 21 | Layoff | 2025-02-14 |
| Atlantic Union Bankshares | Olney | 28 | Layoff | 2025-02-14 |
| Optum Care | Hagerstown | 18 | Closure | 2025-01-23 |
| Alta Finance Group | Baltimore | 2 | Layoff | 2024-12-06 |
| Alta Finance Group | Baltimore | 25 | Layoff | 2024-08-23 |
| EagleBank | - | 36 | Layoff | 2023-02-15 |
| Wells Fargo | Frederick | 1 | Layoff | 2022-12-01 |
| New Rez | Columbia | 24 | - | 2022-11-04 |
| Wells Fargo | Frederick | 31 | Layoff | 2022-11-04 |
| Wells Fargo | Frederick | 5 | Layoff | 2022-10-21 |
| BayFirst Financial | Sykesville | 20 | - | 2022-09-30 |
| Wells Fargo | Frederick | 1 | Layoff | 2022-09-22 |
| Wells Fargo | Frederick | 1 | Layoff | 2022-09-09 |
| Wells Fargo | Frederick | 1 | - | 2022-08-30 |
| Wells Fargo | Frederick | 10 | Layoff | 2022-08-26 |
Frequently Asked Questions
How many finance & insurance layoffs have occurred in Maryland?
There have been 134 finance & insurance WARN Act layoff notices in Maryland, affecting 12,182 workers.
Which finance & insurance companies have had the most layoffs in Maryland?
The top companies are: Wells Fargo, Bank of America, M&T Bank, Pnc, Atlantic Union Bankshares.
What cities in Maryland have the most finance & insurance layoffs?
The most affected cities are: Baltimore, Frederick, Columbia, Timonium, Hunt Valley.
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