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Maryland Layoffs — September 2006

Employers in Maryland recorded 2 WARN Act notices in September 2006, covering approximately 326 workers — marking a sharp increase from August and up 565% versus September 2005. The average filing covered 163 workers, with 2 closures among the notices.

2
Notices Filed
326
Workers Affected
163
Avg per Notice
2
Closures

Industry Breakdown

Industry breakdown for Maryland
IndustryNoticesWorkers
Professional Services2326

The Professional Services sector accounted for the largest share of job cuts with 326 workers across 2 notices.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Montgomery1200
Prince Georges1126

Montgomery absorbed the greatest share of layoffs, accounting for 61% of all affected workers with 200 workers across 1 notices.

Top cities by layoff notices
CityNoticesWorkers
Gaithersburg1200
Greenbelt1126

Layoff Type Analysis

Layoff types breakdown
TypeNoticesWorkers
Closure2326

The high proportion of closures (100% of affected workers) suggests structural shifts rather than temporary cutbacks in Maryland's labor market.

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
Arrow Financial ServicesGaithersburg200Closure
Regulus GroupGreenbelt126Closure

Leading the list was Arrow Financial Services at its Gaithersburg facility, reporting 200 affected workers. Regulus Group followed with 126 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The filings reflect mounting pressure on the Maryland labor market, with activity running above both recent and year-ago benchmarks. The Professional Services 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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