The Baltimore school board has approved a $1.27 billion budget for next academic year that cuts 179 central office jobs. The central office will shrink…
Legg Mason’s Western Asset Management unit, the third-largest American manager of bond funds, has eliminated about 100 jobs, or 10% of its workforce. The Pasadena,…
Officials in Maryland's two largest suburban counties have proposed budgets that will eliminate hundreds of jobs and cut back on services. Montgomery County Executive Isiah…
M&T Bank will lay off almost 30% of Provident Bankshares' workforce, when its acquisition of the Baltimore-based company is completed in May. While 521 jobs…
Communications networking firm Ciena has laid off 200 workers, or 9% of its work force. The Linthicum, Maryland-based company cut jobs across the board, and…
The Walters Art Museum, located in Baltimore, Maryland, has joined the recent litter of art museums that have had to tighten their financial belt through…
Ritz Camera Centers Inc. filed for bankruptcy protection on Monday. The largest camera-store retail chain in the United States cited a worsening recession, as well…
The Maryland Department of Public Safety and Corrections is underfunded in Governor Martin O'Malley's budget by about $55.8 million, based on current operations. The Department…