Maryland Layoffs — October 2007
Employers in Maryland reported 1 WARN Act notices in October 2007, displacing an estimated 49 workers — signaling a deceleration from September and down 82% versus October 2006. The average filing covered 49 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 49 |
The Finance & Insurance sector topped the list of affected industries with 49 workers across 1 notice.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Howard | 1 | 49 |
Howard bore the heaviest burden, accounting for 100% of all affected workers with 49 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Columbia | 1 | 49 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 1 | 49 |
The high proportion of closures (100% of affected workers) suggests structural shifts rather than temporary cutbacks in Maryland's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Fieldstone Mortgage | Columbia | 49 | Closure |
The most significant filing came from Fieldstone Mortgage at its Columbia facility, reporting 49 affected 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.