Maryland Layoffs — May 2005
Employers in Maryland reported 5 WARN Act notices in May 2005, displacing an estimated 292 workers — signaling a deceleration from April and down 62% versus May 2004. The average filing covered 58 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 2 | 163 |
| Manufacturing | 1 | 64 |
| Transportation | 1 | 58 |
| Information & Technology | 1 | 7 |
The Finance & Insurance sector topped the list of affected industries with 163 workers across 2 notices. Notably, Manufacturing reported 64 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Baltimore | 2 | 163 |
| Montgomery | 1 | 64 |
| Anne Arundel | 1 | 58 |
| Prince Georges | 1 | 7 |
Baltimore was the epicenter of layoff activity, accounting for 56% of all affected workers with 163 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Owings Mills | 1 | 110 |
| Germantown | 1 | 64 |
| Baltimore | 1 | 58 |
| Hunt Valley | 1 | 53 |
| Greenbelt | 1 | 7 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 4 | 182 |
| Closure | 1 | 110 |
Closures accounted for 38% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| CitiFinancial | Owings Mills | 110 | Closure | |
| Smiths Aerospace Systems | Germantown | 64 | Layoff | |
| Interstate Brands | Baltimore | 58 | Layoff | |
| United Health Group | Hunt Valley | 53 | Layoff | |
| Cingular | Greenbelt | 7 | Layoff |
The most significant filing came from CitiFinancial at its Owings Mills facility, reporting 110 affected workers. Smiths Aerospace Systems followed with 64 workers.
Trend & Outlook
The numbers illustrate 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.