Maryland Layoffs — July 2014
Employers in Maryland recorded 3 WARN Act notices in July 2014, covering approximately 198 workers and down 50% versus July 2013. The average filing covered 66 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Professional Services | 1 | 76 |
| Finance & Insurance | 1 | 68 |
| Retail | 1 | 54 |
The Professional Services sector accounted for the largest share of job cuts with 76 workers across 1 notice. At the same time, Finance & Insurance reported 68 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Frederick | 1 | 76 |
| Baltimore | 1 | 68 |
| Anne Arundel | 1 | 54 |
Frederick saw the most concentrated activity, accounting for 38% of all affected workers with 76 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Frederick | 1 | 76 |
| Timonium | 1 | 68 |
| Baltimore | 1 | 54 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 2 | 144 |
| Closure | 1 | 54 |
Closures accounted for 27% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Charles River Laboratories | Frederick | 76 | Layoff | |
| RoundPoint Mortgage | Timonium | 68 | Layoff | |
| Office Depot Max | Baltimore | 54 | Closure |
Leading the list was Charles River Laboratories at its Frederick facility, reporting 76 affected workers. RoundPoint Mortgage followed with 68 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The filings reflect a mixed picture for Maryland's labor market, with activity diverging between monthly and annual comparisons. 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.