Maryland Layoffs — October 2016
Employers in Maryland reported 2 WARN Act notices in October 2016, displacing an estimated 130 workers — signaling a deceleration from September and down 32% versus October 2015. The average filing covered 65 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 94 |
| Professional Services | 1 | 36 |
The Finance & Insurance sector topped the list of affected industries with 94 workers across 1 notice. Notably, Professional Services reported 36 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Montgomery | 2 | 130 |
Montgomery bore the heaviest burden, accounting for 100% of all affected workers with 130 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Bethesda | 2 | 130 |
Layoff Type Analysis
Layoff type classification was not available for filings in Maryland this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Ameritas Insurance | Bethesda | 94 | ||
| Europ Assistance USA | Bethesda | 36 |
The most significant filing came from Ameritas Insurance at its Bethesda facility, reporting 94 affected workers. Europ Assistance USA followed with 36 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.