Maryland Layoffs — May 2010
Employers in Maryland recorded 4 WARN Act notices in May 2010, covering approximately 310 workers — marking a decline from April and down 6% versus May 2009. The average filing covered 78 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 2 | 202 |
| Healthcare | 1 | 77 |
| Manufacturing | 1 | 31 |
The Finance & Insurance sector accounted for the largest share of job cuts with 202 workers across 2 notices. At the same time, Healthcare reported 77 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Anne Arundel | 2 | 202 |
| Montgomery | 1 | 77 |
| Macomb | 1 | 31 |
Anne Arundel was the epicenter of layoff activity, accounting for 65% of all affected workers with 202 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Baltimore | 1 | 134 |
| Bethesda | 1 | 77 |
| Glen Burnie | 1 | 68 |
| Sterling Heights | 1 | 31 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 3 | 233 |
| Closure | 1 | 77 |
Closures accounted for 25% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Capital One Bank | Baltimore | 134 | Layoff | |
| Hanger Orthopedic Group | Bethesda | 77 | Closure | |
| Capital One Bank | Glen Burnie | 68 | Layoff | |
| General Dynamics Land Systems | Sterling Heights | 31 | Layoff |
Leading the list was Capital One Bank at its Baltimore facility, reporting 134 affected workers. Hanger Orthopedic Group followed with 77 workers.
Trend & Outlook
This is the third consecutive month of declining layoff activity.
The filings reflect 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.