Maryland Layoffs — May 2022
Employers in Maryland recorded 1 WARN Act notices in May 2022, covering approximately 196 workers — marking a sharp increase from April and down 26% versus May 2021. The average filing covered 196 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Information & Technology | 1 | 196 |
The Information & Technology sector accounted for the largest share of job cuts with 196 workers across 1 notice.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Howard | 1 | 196 |
Howard was the epicenter of layoff activity, accounting for 100% of all affected workers with 196 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Columbia | 1 | 196 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 1 | 196 |
The high proportion of closures (100% of affected workers) suggests structural shifts rather than temporary cutbacks in Maryland's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Toyota Motor Credit Corporation DBA Toyota Financial Services | Columbia | 196 | Closure |
Leading the list was Toyota Motor Credit Corporation DBA Toyota Financial Services at its Columbia facility, reporting 196 affected 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 Information & Technology 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.