#newjersey

A ca--abis company is closing two cultivation facilities in Vineland due to significant financial losses. This closure will result in the elimination of 86 jobs. The parent company has filed for bankruptcy protection, citing widespread industry challenges and substantial net losses. Additionally, the firm intends to divest its three South Jersey dispensaries, which represent its sole market presence in the state. These actions reflect a broader withdrawal from the U.S. market.

Vineland, New Jersey

https://www.burlingtoncountytimes.com/story/money/business/2026/07/22/cannabist-closing-grow-site-selling-vineland-deptford-mays-landing-dispensaries/90999257007/

New Jersey experienced a surge in layoffs during July, with over 2,400 positions eliminated. This brings the total job cuts in the state for 2026 to nearly 12,000. The current unemployment rate in New Jersey stands at 4.5 percent. Major companies like Samsung, Novartis, Mars Wrigley, and Verizon contributed significantly to these July layoffs. These reductions are occurring amidst broader economic pressures affecting the state.

New Jersey

https://patch.com/new-jersey/across-nj/nj-job-cuts-surging-2-400-layoffs-announced-july

Three companies have announced upcoming layoffs impacting 169 employees across New Jersey. Prudential Insurance Company of America will lay off 89 workers in Newark, while BASF Corporation will eliminate 62 positions in Florham Park. Petvet Care Centers will also cut 18 jobs in Egg Harbor Township. These reductions are in line with the WARN Act, requiring advance notification. The companies cited business adjustments and restructuring as reasons for the workforce changes.

Newark, Florham Park, Egg Harbor Township

https://www.nj.com/news/2026/07/169-nj-workers-to-lose-jobs-in-latest-wave-of-layoffs.html

Verizon’s notice includes the potential layoffs of 282 employees by Oct. 16. Posted on NJ..com yesterday.

Two major corporations, Samsung and Mars Wrigley, are relocating their U.S. headquarters out of New Jersey. This move will result in a combined total of 1,000 layoffs across the state. Samsung is moving its headquarters to Texas, while Mars Wrigley is shifting its operations to Chicago. These job cuts add to a growing trend of significant layoffs in New Jersey this year.

https://nj1015.com/nj-layoffs-mikie-sherrill-3/

Two major technology companies are planning significant workforce reductions in New Jersey. Verizon Corporate Resources Group, LLC and Samsung Electronics America, Inc. have both submitted layoff notices to the state. Verizon's filing indicates potential job losses for 282 employees. Samsung's notice details 739 layoffs as it relocates its headquarters. These actions are part of broader corporate restructuring and relocation efforts.

https://finance.yahoo.com/technology/articles/more-1-000-layoffs-planned-122451040.html

Mars is closing its Newark headquarters as part of a strategic shift. This move will result in over 300 employees losing their jobs. The company is simultaneously expanding its operations in Chicago. This expansion is a key driver behind the workforce reduction in New Jersey. The company is consolidating its presence.

Newark, New Jersey

https://www.chicagobusiness.com/consumer-products/ccb-mars-wrigley-new-jersey-job-cuts-20260721/

Samsung Electronics America and Samsung SDS America filed WARN notices confirming nearly 1,000 layoffs in New Jersey as the company relocates its US headquarters to Plano, Texas. The cuts land less than a year after Samsung opened a brand new Englewood Cliffs campus.

https://startupfortune.com/samsung-confirms-nearly-1000-layoffs-in-englewood-cliffs-as-it-moves-to-texas/

The Plainfield City Council has advanced a $119.7 million municipal budget that includes a 5.4% tax increase. This spending plan also anticipates employee layoffs to address a structural deficit. City officials reduced the initial tax hike projection through spending cuts and new revenue sources. Rising health insurance costs and a decline in tax collections are significant factors contributing to the budget increase. A public hearing and final vote on the budget are scheduled for August 10.

Plainfield, New Jersey

https://www.mycentraljersey.com/story/news/local/union-county/2026/07/15/plainfield-budget-tax-increase-layoffs-2026/90914389007/

So apparently a lot of people thru out the Verizon footprint are pretty worried.The basking ridge Nj folks have been talking amongst themselves about possibly a big number of them being riffed 7/16 .They have been told it will affect entire departments.Sounds like on the union associates side they will be offering the Eisp soon after .Sounds like they want to cut 2000 union positions thru packages.Im not too fluent in the contracts but I wonder if they don’t get the number they want with a package can they proceed then with a layoff or additional packages .I would be even more concerned in some areas about being forced adjusted based on the numbers of takers and no takers in certain areas !!

Logistics firm Fusion Transport LLC is planning to eliminate 79 positions at its New Jersey location. These workforce reductions are slated to begin on October 1st. The company offers a range of services including freight management and warehousing. Fusion Transport was established in 2019 through a merger. The impact on the Piscataway facility's future operations remains uncertain.

Piscataway, New Jersey

https://finance.yahoo.com/small-business/articles/major-middlesex-county-logistics-company-143942468.html?ref=biztoc.com

A Rutgers University report forecasts sluggish economic growth for New Jersey over the next two years, predicting a rate below the national average. The state's job market is expected to weaken, with employment growth projected to slow significantly in 2026. While education and health services have driven recent job gains, other sectors have experienced declines. Population growth, largely fueled by international migration, is also anticipated to decrease. The report suggests New Jersey's unemployment rate will remain higher than the national figure.

New Brunswick, New Jersey

https://jerseyvindicator.org/2026/07/11/new-jersey-economy-expected-to-trail-u-s-growth-for-next-2-years-rutgers-report-says/

JPMorgan Chase has announced another round of layoffs impacting 172 employees at its Jersey City office. These job reductions were effective this past Wednesday. The company stated these actions are part of regular business management and staffing adjustments. This latest notice brings the total number of affected employees in New Jersey this year to 477. JPMorgan Chase remains committed to New Jersey, employing over 12,500 people in the state.

Jersey City, New Jersey

https://www.nj.com/business/2026/07/jpmorgan-chase-announces-another-round-of-layoffs-at-nj-offices.html

A law firm is investigating Novartis Pharmaceuticals Corporation for a potential violation of the WARN Act. The company recently laid off 322 employees at its East Hanover, New Jersey facility. The WARN Act requires employers to provide 60 days' notice before mass layoffs. Employees may be entitled to severance pay if proper notice was not given. The firm is seeking to speak with affected employees.

East Hanover, New Jersey

https://straussborrelli.com/2026/07/06/novartis-warn-act-investigation-2/

https://nj1015.com/novartis-cuts-jobs-new-jersey/

In New Jersey they have reached 50k double wood poles that they need to transfer and remove. Some over 9 years old. The state is looking at setting fines for any over 90 days for safety reasons and to make money. Verizon's reason is they don't have enough crews to handle it. In reality it has to be done with expense dollars which they don't want to spend.

New Jersey school districts face severe budget crises. Soaring healthcare costs are driving these financial difficulties. Many districts have responded with layoffs and program cuts. State lawmakers introduced a bill to replace the current health benefits program. This legislation seeks to improve bargaining power but raises flexibility concerns.

https://www.northjersey.com/story/opinion/columnists/2026/06/30/nj-teacher-health-benefits-crosshairs-schools-struggle/90693106007/

Really wondering how these high cost locations are going to exist if we can’t hire and keep letting people go?? Like what is going to be the point of the Tampa, NJ, or NYC locations if we can’t use them??

Jersey City Mayor James Solomon lowered a proposed property tax increase. The hike is now 15%, down from an initial 20%. Solomon warns that no increase would cause mass city layoffs. The city faces a $255 million budget deficit. City Council members will vote on the revised proposal soon.

Jersey City, New Jersey

https://www.cbsnews.com/newyork/news/jersey-city-property-tax-increase-james-solomon/

Two companies plan over 200 job cuts in New Jersey. Automatic Data Processing Inc. (ADP) will impact 76 employees. These layoffs are at its Roseland headquarters. International Paper will reduce 126 jobs at its Barrington plant. All job cuts are scheduled for late September.

https://www.nj.com/business/2026/06/layoffs-to-cut-more-than-200-jobs-at-2-nj-tech-and-manufacturing-companies.html

ADC Therapeutics announced a strategic reorganization. This plan includes a 17% reduction in its global workforce. The company expects to save $10 million annually from these cuts. This follows recent safety concerns in a Zynlonta clinical trial. The reorganization aims to focus resources on the Zynlonta franchise.

https://www.fiercepharma.com/pharma/amid-safety-concerns-adc-therapeutics-plots-17-staff-cuts-push-resources-behind-lead-adc

Two companies in New Jersey announced 260 job cuts. Verizon Corp Resources Group filed notices for 191 workers. These Verizon layoffs will occur in two rounds by September. Digital Room LLC plans to eliminate 69 positions in Saddle Brook. These new filings contribute to 746 total layoffs disclosed in June.

New Jersey

https://www.nj.com/business/2026/06/260-nj-workers-may-lose-jobs-as-2-more-employers-announce-layoffs.html

The CEO left suddenly, seemingly without explanation, and then was very quickly replaced but no formal announcement to internal business partners. What in the world is going on over there?

Digital Room LLC will lay off 69 employees. These job cuts affect its Saddle Brook, New Jersey location. The company filed a Worker Adjustment and Retraining Notification. Digital Room LLC is a digital marketing company. It operates 11 locations across the United States and the Philippines.

Saddle Brook, NJ

https://patch.com/new-jersey/ridgewood/bergen-county-company-lay-dozens-employees-september-says-nj-warn-notice

What if its the summer equinox after the mid year election on a Tues and I’m on vacation leave. If they send out a notice on a Wednesday before that Tues. how am I affected? Do I get extra pay or am I penalized? I’ve read the handbook and I don’t see a section that covers this.

Lists 138 jobs across the state with off payroll of 9/15. That's consistent with dates people have posted on this site.

https://www.nj.gov/labor/assets/PDFs/WARN/2026_WARN_Notice_Archive.pdf

We were told all full timers are expected to work on 4th and holiday will be observed on the Monday the 6th in New Jersey- see once when do we push off a holiday until the following week- in all my years a Saturday holiday was in same work week not the next

A third of the posts are in regards to the many different ways that the WARN notice for NY\NJ can be interpreted, why? Is it really that complex? Is it really that dynamic to where it changes so often, you have to constantly crunch the numbers?

I live on Apple St., which is one block over from outside the NY city limits. If its a Tues at 3PM and I get placed on notice but I’m not told about it until the following Friday at 1PM, do I get an extra 2.37 days worth of pay? etc…. WTF kind of questions are these plaguing this board?!?!

I don’t see any other location discussing all the different possible gyrations of how to squeeze another 2 cents, 2 days, whatever out of the system.

A new Forbes report evaluated the financial health of private, non-profit colleges. Eight New Jersey private institutions received the lowest possible grade, a "D". These schools face concerns about their financial futures. Factors cited include a shrinking pool of high school graduates and enrollment shifts. Several affected colleges stated they have made recent financial improvement

https://www.msn.com/en-us/money/careersandeducation/these-8-nj-colleges-are-in-serious-financial-trouble-new-report-warns/ar-AA25RSz6

Citibank announced 68 additional layoffs in New Jersey. These job cuts will occur in Bergen and Hudson counties. The layoffs are scheduled to take place on June 28. This follows a February notice affecting 141 Citibank employees. Other New Jersey employers also filed recent layoff notices.

https://www.nj.com/business/2026/06/nj-bank-announces-more-layoffs-as-job-cuts-top-200-this-year.html

121 people, NJDOL WARN Notice as of last month: https://www.nj.gov/labor/assets/PDFs/WARN/2026_WARN_Notice_Archive.pdf

UBS Financial Services will lay off 65 employees. These job cuts are scheduled for August 26. The affected office is in Weehawken, New Jersey. This marks the second layoff notice from UBS this year. The reductions follow the company's 2024 acquisition of Credit Suisse.

Weehawken, New Jersey

https://www.nj.com/hudson/2026/06/financial-giant-plans-168-nj-layoffs-after-blockbuster-acquisition.html

Must be a sizeable one as warn act filings were done in NJ for this date impacting the following
Optum Select MGMT
Optum Services
Optum Care

Johnson & Johnson is dismissing 56 employees. These cuts affect its corporate headquarters in New Brunswick, New Jersey. The layoffs will be effective on August 21. They are related to the planned divestiture of its orthopedics business. This action follows previous job reductions at the same facility.

New Brunswick, New Jersey

https://www.fiercepharma.com/pharma/jj-separates-its-orthopedics-business-it-lays-56-new-jersey

JPMorgan Chase conducted layoffs in New Jersey this year. Novartis also implemented layoffs in the state. Both companies have had three rounds of staff reductions. Meta, owner of Facebook, announced New Jersey layoffs. British bank Barclays is also letting go of staff in the state.

New Jersey

https://www.northjersey.com/story/news/business/2026/05/26/barclays-jpmorgan-chase-meta-and-novartis-to-lay-off-hundreds-in-nj/90259954007/

An Acme Markets store in Edgewater, North Jersey will close. This closure is scheduled for around August 15, 2026. The supermarket is losing its lease at the Edgewater Commons. As a result, 115 positions will be eliminated. Albertsons, Acme's parent company, aims to relocate affected employees.

Edgewater, New Jersey

https://njbiz.com/acme-edgewater-supermarket-115-layoffs/

Novartis Pharmaceuticals plans to cut 76 jobs at its East Hanover headquarters. These reductions are effective starting August 21. This brings the total job losses for the company this year to 250. The global dr-gmaker announced 114 cuts in March and 60 in April. Despite these cuts, Novartis plans a $23 billion U.S. infrastructure investment.

East Hanover, New Jersey

https://www.nj.com/business/2026/05/250-nj-jobs-at-risk-as-pharma-company-announces-more-layoffs.html

Egg Harbor Township School District eliminated 23 positions for the upcoming school year. These cuts affect teaching, administrative, and support staff roles. The district aims to close a roughly $6 million budget gap. Rising health care costs largely drove this financial shortfall. Officials confirmed no music programs are canceled, but Latin courses will end.

Egg Harbor Township, New Jersey

https://www.nj.com/education/2026/05/nj-school-district-just-cut-23-jobs-as-students-worry-about-cuts-to-their-music-classes.html

BioMarin Pharmaceutical is implementing workforce reductions. The company will eliminate 58 jobs. These cuts are at Amicus Therapeutics' Princeton headquarters. The layoffs are scheduled from August 7 to October 30. The action stems from BioMarin's acquisition and overlapping roles.

Princeton, New Jersey

https://njbiz.com/biomarin-cuts-amicus-jobs-princeton/

The Ridgewood school board recently approved a $135.5 million budget. This new budget includes a tax hike for residents. The district anticipates laying off up to six faculty members. Seventeen positions were eliminated overall. Retirements and other changes reduced the number of necessary layoffs.

Ridgewood, NJ

https://patch.com/new-jersey/ridgewood/new-135-5m-ridgewood-school-budget-may-require-6-layoffs-officials