Jos. A. Bank laying off 122 at Maryland headquarters 1 year after buyout by Men's Wearhouse

HAMPSTEAD, Md. – Retailer Jos. A. Bank Clothiers says it is laying off 122 workers at its Maryland headquarters nearly one year after announcing its acquisition by Men’s Wearhouse.

The company revealed the plan Monday in a filing with the Maryland Department of Labor, Licensing and Regulation. The cuts amount to about 15 per cent of the company’s employment in Carroll County.

The company says it will make the cuts between the end of May and the end of the year.

A spokesman says some workers also will be transferred to offices in New York City and the Men’s Wearhouse headquarters in Fremont, California. That will leave about 450 workers in Carroll County, down from about 780 currently.

The $1.8 billion takeover was completed in June.