Maryland Layoffs — March 2005
Employers in Maryland filed 5 WARN Act notices in March 2005, impacting roughly 661 workers — representing a pullback from February and down 35% versus March 2004. The average filing covered 132 workers, with 4 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 403 |
| Accommodation & Food | 1 | 161 |
| Manufacturing | 2 | 96 |
| Transportation | 1 | 1 |
The Finance & Insurance sector led the way in workforce reductions with 403 workers across 1 notice. In a parallel development, Accommodation & Food reported 161 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Prince Georges | 1 | 403 |
| Montgomery | 1 | 161 |
| Frederick | 1 | 51 |
| Harford | 1 | 45 |
| Anne Arundel | 1 | 1 |
Prince Georges bore the heaviest burden, accounting for 61% of all affected workers with 403 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Riverdale | 1 | 403 |
| Gaithersburg | 1 | 161 |
| Frederick | 1 | 51 |
| Belcamp | 1 | 45 |
| Annapolis | 1 | 1 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 1 | 403 |
| Closure | 4 | 258 |
Closures accounted for 39% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| PNC Bank | Riverdale | 403 | Layoff | |
| Marriott International | Gaithersburg | 161 | Closure | |
| Builders 1st Source | Frederick | 51 | Closure | |
| Monarch Mfg | Belcamp | 45 | Closure | |
| Cendent | Annapolis | 1 | Closure |
The single largest action involved PNC Bank at its Riverdale facility, reporting 403 affected workers. Marriott International followed with 161 workers.
Trend & Outlook
The data underscores 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.