Maryland Layoffs — July 2012
Employers in Maryland reported 1 WARN Act notices in July 2012, displacing an estimated 55 workers — signaling a deceleration from June and down 87% versus July 2011. The average filing covered 55 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 55 |
The Finance & Insurance sector topped the list of affected industries with 55 workers across 1 notice.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Baltimore | 1 | 55 |
Baltimore saw the most concentrated activity, accounting for 100% of all affected workers with 55 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Hunt Valley | 1 | 55 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 1 | 55 |
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Bank of America | Hunt Valley | 55 | Layoff |
The most significant filing came from Bank of America at its Hunt Valley facility, reporting 55 affected workers.
Trend & Outlook
This is the third consecutive month of declining layoff activity.
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.