#newjersey

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

Danone North America PBD expects to close its Bridgeton factory Aug. 4, according to a notice filed with the New Jersey Department of Labor & Workforce Development.

https://www.courierpostonline.com/story/money/business/2026/05/11/danone-north-america-bridgeton-plant-closing-layoffs/90027192007/

Danone North America will close its Bridgeton plant. This closure eliminates 114 jobs at the facility. The plant produces Silk and So Delicious dairy-free drinks. Production will transfer to three other plants. Danone cited unsatisfactory performance in its plant-based business.

Bridgeton, New Jersey

https://www.nj.com/business/2026/05/nj-losing-204-jobs-as-dairy-free-milk-plant-and-doubletree-announce-layoffs.html

Verizon is cutting several hundred US workers. This action follows 13,000 job reductions in November. The current cuts represent less than one percent of its total workforce. Impacted employees are located across the US, with a focus on New Jersey headquarters. The company confirmed these layoffs are not due to artificial intelligence.

Basking Ridge, New Jersey

https://www.businessinsider.com/verizon-cuts-hundreds-of-jobs-in-latest-round-of-layoffs-2026-5

Strauss Borrelli PLLC is investigating Accupac. This inquiry concerns potential mass layoffs in Lakewood, New Jersey. The federal WARN Act mandates 60 days' notice for such events. Accupac notified the state of laying off 260 employees. Employees may be owed 60 days of pay and benefits.

Lakewood, New Jersey

https://straussborrelli.com/2026/05/05/accupac-warn-act-investigation/

Hackensack school officials are voting on a proposed $169 million budget. The district faces a growing financial crisis. Over 100 staffing positions will be eliminated. The district plans to borrow $9.1 million from reserve funds. A previous budget was rejected, leaving a $7 million deficit.

Hackensack, New Jersey

https://dailyvoice.com/new-jersey/hackensack/hackensack-boe-races-to-pass-169m-budget-as-100-employees-face-layoffs/

Fulton Bank is eliminating 95 positions in Parsippany. These layoffs follow the bank's acquisition of Blue Foundry Bank. The approximately $243 million acquisition closed last month. Role redundancies were identified after a review of corporate and support positions. The job cuts will occur in two phases this year.

Parsippany, New Jersey

https://njbiz.com/fulton-bank-layoffs-parsippany-blue-foundry-bank-acquisition/

Accupac will close its New Jersey plant. This action will result in 260 job cuts. Layoffs will occur in two phases. The first phase begins in August. About nine employees will transfer to Pennsylvania facilities.

https://www.bizjournals.com/philadelphia/news/2026/05/05/accupac-harleysville-lakewood-plant-jobs-care.html

Brick Township school officials approved a $178 million budget for the upcoming school year. This budget eliminates 40 positions and will raise local taxes. Class sizes are projected to increase across all school levels. These changes stem from significant state funding reductions. The district is currently litigating against the state over these funding cuts.

Brick Township, New Jersey

https://www.nj.com/news/2026/05/nj-township-schools-face-layoffs-and-rising-class-sizes-after-state-funding-drop.html

Paterson Public Schools announced layoffs affecting 89 staffers. This total includes 39 teachers and other personnel. The district plans to cut over 200 total positions. Superintendent Dr. Laurie Newell attributed the budget deficit to rising costs. Hundreds of employees protested these projected cuts at a public hearing.

Paterson, New Jersey

https://longisland.news12.com/paterson-teachers-rally-against-projected-layoffs

The Westwood District recently approved its budget. The total budget for the upcoming school year is $78.9 million. This plan eliminates 10 teaching and secretarial positions. Four administrative roles were also cut. These measures address increasing health insurance expenses.

Westwood, New Jersey

https://www.northjersey.com/story/news/bergen/2026/05/01/westwood-nj-school-cuts-teachers-principal/89893408007/

Stockton University has initiated a voluntary buyout program for employees. Professors and select managerial staff are currently eligible for the offer. This move aims to curb expenses and ensure the university's financial stability. The institution faces challenges including declining enrollment and proposed state aid reductions. Staffing costs account for 61% of Stockton's annual budget.

New Jersey

https://www.nj.com/atlantic/2026/05/nj-university-rolls-out-staff-buyouts-amid-lower-enrollment-proposed-aid-cut.html

New Jersey employers filed multiple layoff notices in April. These filings put a total of 2,273 jobs at risk statewide. Bayonne University Hospital issued a notice for nearly 1,000 potential job cuts. FreshRealm's bankruptcy filing jeopardizes 637 positions. Other companies like Bristol-Myers Squibb, AT&T, and Alan Ritchey also announced layoffs.

New Jersey

https://www.nj.com/hudson/2026/05/nj-losing-2300-jobs-as-layoff-filings-surged-in-april.html

Novartis announced additional job cuts at its U.S. headquarters. Sixty employees at the East Hanover site will be laid off. These reductions are separate from earlier March cuts. The layoffs will begin taking effect in late July. Novartis is evolving its field sales teams in the US.

East Hanover, New Jersey

https://www.fiercepharma.com/pharma/after-march-cuts-novartis-trims-another-60-roles-us-headquarters

Reckitt Benckiser Group plans another round of layoffs in New Jersey. The company expects to let go 57 employees by March 2027. These job reductions will occur at its new Nutley headquarters. This is part of a restructuring campaign announced in July 2024. The strategy aims for a simpler organization focusing on core health and hygiene brands.

Nutley, New Jersey

https://njbiz.com/reckitt-layoffs-nutley-nj-2027/

Do not be surprised if the SEC and the Feds raid Basking Ridge in the next couple of months.

Anyone know about this? I saw it on nj.com

FreshRealm has filed for Chapter 11 bankruptcy protection. This action could lead to 637 layoffs in Linden, New Jersey. The company cited a significant ingredient supply disruption as a primary reason. These job cuts are expected to occur by late June and July. FreshRealm provides fresh meals for various retailers and meal kit services.

Linden, New Jersey

https://nj1015.com/freshrealm-bankruptcy-linden-nj/

Two New Jersey companies filed WARN notices in April. These notices indicate upcoming layoffs for 263 employees. AT&T will reduce its Bedminster workforce by 87 staff members. Alan Ritchey, Inc. is terminating 176 employees in Lopatcong Township. The logistics company's contract with the USPS was not renewed.

New Jersey

https://www.nj.com/warren/2026/04/nj-layoffs-to-affect-263-workers-at-att-alan-ritchey.html

87 New layoffs in NJ .. check the WARN posted Wednesday. Fast off payroll date.

Sandy Alexander, Inc. filed a WARN notice with the New Jersey Department of Labor. The company plans to lay off 151 employees. These job cuts will occur at its Clifton, New Jersey facility. Layoffs are scheduled to take effect on July 19, 2026. The company did not provide a reason for these workforce reductions.

Clifton, New Jersey

https://whatnow.com/new-york/local-news/print-and-marketing-company-plans-150-layoffs-this-summer/

Rumors from credible sources shared the company plans to move the NJ Englewood Cliffs office to TX, home of its phone business. Anyone hear anything?

Thousands of workers in New Jersey face layoffs in early 2026. State WARN filings detail job cuts across various industries. Amazon reported the largest number of affected employees statewide. Other major companies include Blue Cross Blue Shield and Bristol Myers Squibb. These layoffs impact communities from Bergen County to South Jersey.

New Jersey

https://dailyvoice.com/nj/long-branch/amazon-blue-cross-among-biggest-nj-layoffs-in-early-2026/

Layoffs in 2026 hit six states hardest - Newsweek https://share.google/TPjOjG8LAS7TCqxOP

#2 is NJ stating 9K employees apart of WARN specifically mentioning VZ and doesn't seem like it's just spill over from last Nov. 🤔

Paterson city government seeks a $48.5 million increase in state aid. This funding aims to close a significant budget deficit. Without the aid, 680 employees may face furloughs. Additionally, 58 municipal workers could lose their jobs. City officials state these measures are a last resort and not currently planned.

Paterson, New Jersey

https://www.aol.com/articles/layoffs-paterson-city-workers-options-083057425.html

Bristol Myers Squibb plans to lay off 206 employees. These job cuts will impact its New Jersey workforce. The company expects these layoffs to occur between July and December. This action is part of a larger $2 billion cost-cutting initiative. Bristol Myers Squibb has already eliminated over 1,400 New Jersey positions.

Lawrence Township, New Jersey

https://njbiz.com/bristol-myers-squibb-206-more-layoffs-new-jersey/

The Plainfield Board of Education approved a reduction in force. This decision will result in the layoff of nearly 60 employees. The district cited decreased student enrollment and budgetary reasons. A 0% tax levy increase was also approved by the board. Union leaders and staff voiced strong concerns about the layoffs.

Plainfield, NJ

https://www.tapinto.net/towns/plainfield/sections/education/articles/plainfield-boe-approves-reduction-in-force-as-union-leaders-staff-speak-out

Alan Ritchey, Inc. will lay off 176 employees. The logistics company filed a WARN notice for its Phillipsburg, New Jersey facility. Layoffs are scheduled to begin on July 17, 2026. The company is ending operations at this site. This follows the non-renewal of a contract with the United States Postal Service.

Phillipsburg, New Jersey

https://whatnow.com/news/local-news/family-owned-freight-and-logistics-company-files-warn-notice-for-176-layoffs-at-phillipsburg-facility/

So it seems somewhat apparent that the writing is on the wall , RE is pricey in NJ (Northeaast) , and with little innovation coming out of NJ how long before execs order everyone to GA or TX , anyone have any credible info. With everyone consolidating into one building in Middletown and the recent more to a different facility in Bedminister, it seems like just arranging the deck chairs...

West Orange Schools face a significant budget deficit. The district faces a $14-15 million deficit. At least 70 full-time positions will be eliminated. A 2.5% tax increase is included. Rising health benefit costs are a major factor.

West Orange, New Jersey

https://www.nj.com/news/2026/04/this-nj-district-wants-to-cut-70-teachers-and-staff-and-its-budget-still-wont-balance.html

Surprised nobody has said anything