Maryland Layoffs — May 2018
Employers in Maryland filed 3 WARN Act notices in May 2018, impacting roughly 328 workers — representing a notable rise over April and down 11% versus May 2017. The average filing covered 109 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Transportation | 1 | 221 |
| Finance & Insurance | 2 | 107 |
The Transportation sector led the way in workforce reductions with 221 workers across 1 notice. In a parallel development, Finance & Insurance reported 107 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Montgomery | 1 | 221 |
| Baltimore | 1 | 82 |
| Howard | 1 | 25 |
Montgomery was the epicenter of layoff activity, accounting for 67% of all affected workers with 221 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Gaithersburg | 1 | 221 |
| Owings Mills | 1 | 82 |
| Columbia | 1 | 25 |
Layoff Type Analysis
Layoff type classification was not available for filings in Maryland this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| First Transit | Gaithersburg | 221 | ||
| Peoples Bank & Trust | Owings Mills | 82 | ||
| Howard Bank | Columbia | 25 |
The single largest action involved First Transit at its Gaithersburg facility, reporting 221 affected workers. Peoples Bank & Trust followed with 82 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The data underscores a mixed picture for Maryland's labor market, with activity diverging between monthly and annual comparisons. The Transportation 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.