Saturday, July 13, 2024 | Baltimore, MD
Baltimore, MD
Partly Cloudy

The pace of layoffs may be picking up in Greater Baltimore. Here’s why.

September 15, 2023

Giant Food opened a new warehouse in Hanover in 2019 to try and capture market share in the new grocery delivery space. Four years later, the grocer is planning to close the warehouse next month, laying off more than 300 people. Giant isn’t the only large employer in the state ramping up layoffs even as Maryland isenjoying record-low unemployment. The Work Adjustment and Retraining Notification (WARN) log maintained by the state Department of Labor has already seen 56 entries through the end of August, nearly matching last year’s total of 64.

Article Source: Baltimore Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.