#newjersey

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

John Adams Academy announced layoffs for 68 employees across three campuses. This action followed the closure of its Lincoln high school program. The school cited low enrollment and ongoing budget deficits for the closure. Positions were eliminated at the Lincoln, Roseville, and El Dorado Hills locations. Most affected employees will conclude their work on May 29.

https://www.sacbee.com/community/roseville-placer/article315291894.html

Hudson Regional Health issued layoff notices to nearly 1,000 workers. These notices affect employees at Bayonne University Hospital. The layoffs are effective starting June 29. A company spokesman stated the notices are procedural. They are tied to an ownership and license transfer.

Bayonne, New Jersey

https://nj1015.com/hudson-health-layoffs-bayonne/

New Jersey state data indicates 357 job cuts. Three companies with a Newark presence are affected. Horizon Blue Cross Blue Shield of New Jersey reported 242 layoffs. Luna Foods listed 61 affected workers. Prudential Financial reported 54 employee impacts.

Newark, New Jersey

https://www.rlsmedia.com/node/62873

Two companies filed WARN notices for upcoming job cuts in New Jersey. Novartis plans to lay off 114 employees in East Hanover. This is part of an ongoing restructuring effort by the pharmaceutical firm. Labcorp will cut 83 jobs in Raritan, though no reason was disclosed. Combined, nearly 200 employees will be affected by these layoffs.

https://whatnow.com/new-york/local-news/two-companies-file-warn-notices-nearly-200-jobs-at-risk-in-new-jersey/

Several financial firms announced layoffs in New Jersey during March. These cuts total 409 positions across multiple companies. Prudential Financial, Fiserv Solutions, UBS, and JPMorgan Chase were impacted. These layoffs contribute to a broader surge of job cuts nationwide. The state has recorded 4,715 total job cuts in 2026 so far.

New Jersey

https://njbiz.com/major-financial-firms-cut-409-nj-jobs-march-2026/

JPMorgan Chase is reducing its workforce by 134 positions. These specific job cuts are located in Jersey City. The bank describes this as a redeployment effort. It continues to add staff in other areas. This strategy reflects evolving business needs.

Jersey City, New Jersey

https://finance.yahoo.com/markets/stocks/articles/jpmorgan-chase-jersey-city-layoffs-070521158.html

The Madison K-12 School District Board introduced its annual budget. This budget proposes an annual tax increase for homeowners. Interim Superintendent Bruce Watson announced staff reductions are required. Fewer than ten positions will be eliminated to balance the budget. Rising health care costs significantly contribute to the district's financial difficulties.

https://www.newjerseyhills.com/madison_eagle/news/madison-school-board-proposes-tax-increase-as-layoffs-loom/article_e8ab830f-2478-43dd-b807-7c81eb3fb682.html

Fiserv Solutions plans to eliminate 118 positions. These job cuts will occur at its Berkeley Heights, New Jersey site. The company filed a WARN notice regarding these layoffs. The reductions are scheduled between March 31 and May 31. This facility functions as an operations and innovation hub.

Berkeley Heights, New Jersey

https://www.nj.com/union/2026/03/financial-services-tech-giant-plans-118-layoffs-at-its-nj-hub.html

Union presidents denounced the sudden disclosure of potential job cuts. Around 200 district positions may be eliminated due to budget problems. The administration did not publicly discuss job reductions previously. This information was revealed on March 25. The Board of Education then voted on its preliminary $852 million budget.

Paterson, NJ

https://www.northjersey.com/story/news/paterson-press/2026/03/27/paterson-nj-teachers-union-head-possible-layoffs/89337375007/

Wayne Township Public Schools avoided layoffs for the 2026-27 school year. The tentative budget totals over $211 million, exceeding $200 million for the first time. However, the district faces significant financial pressures from increasing health benefit costs. Out-of-district tuition and specialized support services also contribute to rising expenses. Local property taxes are projected to increase by approximately $296 annually per average home.

Wayne, New Jersey

https://www.tapinto.net/towns/wayne/sections/education/articles/wayne-schools-avoid-layoffs-in-2026-27-tentative-budget-but-financial-pressures-remain

Cherry Hill schools face a projected $14.5 million budget deficit. This financial gap is for the 2026-27 school year. A 3% decrease in state funding is a contributing factor. Increased expenses for healthcare, transport, and special education also contribute. The district plans property tax hikes, program reductions, and staff layoffs.

Cherry Hill, New Jersey

https://www.inquirer.com/education/cherry-hill-budget-new-jersey-school-funding-20260320.html

All staff at Princeton's Keller Center face layoffs. Nine employees are impacted by this change. University-wide budget constraints prompted the decision. This marks an unprecedented academic unit staff termination. Laid-off staff may apply for four new roles.

Princeton, New Jersey

https://www.dailyprincetonian.com/article/2026/03/princeton-news-adpol-keller-center-staff-mass-layoff

Rutgers-New Brunswick terminated 37 part-time lecturers this month. These lecturers taught approximately 100 classes in the School of Arts and Sciences. The university cited reasons such as lack of funding or no continuing need for the positions. Faculty unions called the layoffs "absurd." They claim the budget shortfall is fictional.

New Brunswick, New Jersey

https://www.northjersey.com/story/news/education/2026/03/15/rutgers-lecturers-say-absurd-layoffs-dont-justify-savings/89139843007/

Anyone else in New Jersey that was on payroll until Feb 20 still waiting for their Stock Together payouts? I know Verizon monitors this space too, so what are you clowns doing? Bad enough you kicked everyone to the curb, but now our money is in limbo. Current employees got their payouts on 3/10, so where is our money!

An AFSCME local accused a New Jersey hospital. The union claims the hospital violated state law. This violation concerns the abrupt closure of most of its facility. The facility closure happened in November. The hospital allegedly failed to provide required notice.

New Jersey

https://www.law360.com/amp/articles/2451779

New Jersey experienced a significant increase in WARN notices. Over 3,800 layoffs were announced by 23 employers in early 2026. This represents an 83% rise compared to the same period last year. Layoffs affected diverse sectors including retail, logistics, and pharmaceuticals. New Jersey's unemployment rate reached 5.4%, exceeding the national average.

https://finance.yahoo.com/news/jersey-hired-reports-alarming-spike-164700917.html

Over 1,800 layoffs were announced in New Jersey during February. Federal officials reported 92,000 fewer jobs nationally. The federal unemployment rate increased to 4.4 percent. New Jersey recorded 3,857 layoffs from 23 employers in 2026. Macy's initiated 79 statewide layoffs effective March 7.

https://patch.com/new-jersey/across-nj/more-nj-layoffs-announced-federal-job-numbers-fall

Compass International Holdings initiated layoffs. One hundred ten jobs were cut in Madison, New Jersey. These reductions follow its recent acquisition of Anywhere Real Estate. The company aims for "cost synergies" after the merger. Compass plans to achieve significant savings over three years.

Madison, New Jersey

https://therealdeal.com/national/2026/03/06/compass-post-merger-layoffs-are-here/

Verizon laid off 1,319 employees in New Jersey. These layoffs took effect on February 20, 2026. They are part of 13,000 worldwide cuts announced in November. Several other large companies also announced New Jersey job reductions. Merck, Bristol Myers Squibb, and Target are among those affected.

https://wpst.com/ixp/385/p/new-jersey-job-cuts/

Anyone in NY/NJ have a good recommendation that was successful dealing with this God awful company?

Citibank (Citi) has filed WARN notices in New Jersey regarding layoffs affecting 141 employees in early 2026, with separations occurring between May 21 and June 14, 2026, as part of a broader restructuring and AI automation strategy. These cuts are part of a 10% global workforce reduction and follow previous workforce reductions.
Key Details for Citi 2026 NJ Layoffs:
Total Affected: 141 employees.
Locations: Primarily impacted in New Jersey, including positions in Jersey City.
Dates: Separations are scheduled for May 21, May 27, June 2, June 6, June 7, and June 14, 2026.

A law firm is investigating Champion Laboratories Inc. The investigation follows a mass layoff at its Albion facility. 642 employees were laid off by the company. The firm is reviewing potential violations of the federal WARN Act. Affected workers could receive back pay and benefits if violations are found.

https://www.wfiwradio.com/2026/02/27/class-action-law-firm-investigates-champion-laboratories-layoffs-for-possible-warn-act-violations/

New Jersey City University will lay off employees. This action precedes its merger with Kean University this summer. A local news site reported at least 151 employees, including professors, are impacted. The university faces a projected $25 million budget gap. Voluntary buyouts are also being offered to staff.

https://www.nj.com/education/2026/02/nj-university-will-lay-off-151-employees-ahead-of-massive-merger-report-says.html

Atlantic City's cyclical economy is influenced by broader national trends. Companies nationwide are hiring cautiously and restructuring steadily in 2026. Workers should watch for subtle layoff signals like reduced overtime and slower hiring. Maintaining career leverage through updated skills and market awareness is crucial. Developing side income streams can also provide financial insulation.

https://breakingac.com/news/2026/feb/27/layoffs-and-career-leverage-what-atlantic-city-workers-should-know-in-2026/

Rumors that Bedminster is closing and the outcasts will be divided between Middletown and Paramus.

Another baseless rumor or a glimpse of CRE's playbook?

Bristol Myers Squibb announced another round of layoffs. The pharmaceutical company will cut 247 jobs in New Jersey. These reductions will occur between May and December. This is part of a strategic $2 billion cost-cutting initiative. The company has already eliminated over 1,200 New Jersey positions.

https://njbiz.com/bristol-myers-squibb-nj-layoffs-cost-cutting/

If so, is there anything helpful you can share with those of us who are new to the process?

78 laid off Statewide in New Jersey, with an effective dates of 4/21/26 to 9/2/26

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

Arrow Fastener plans to lay off up to 140 employees. The layoffs will occur from May through August. The company filed a WARN notice with the state this month. Arrow Fastener is a Saddle Brook-based handtool manufacturer. The company was founded in 1929.

https://patch.com/new-jersey/fairlawn-saddlebrook/layoffs-loom-century-old-bergen-county-nj-company

Looks like AZ, NJ are now changing to 2 days per week. SL is a mess and is very difficult to find a seat. If mgmt. is reading this, hope this changes to 2 days.

Hi all, I’m graduating college class of 2026.

What is the expected salary for an out of college hire for an associate role in NY and NJ. Is there a bonus?

Thanks

Target is implementing significant job reductions across its operations. The company plans to eliminate 107 positions as part of these layoffs. These specific job cuts will impact employees located in New Jersey. This move is occurring amid a broader series of layoffs being carried out by the retail giant. The headline does not specify particular cities within New Jersey affected by these job losses.

https://njbiz.com/target-layoffs-new-jersey-107-jobs/

Robbinsville School District seeks voter approval for a $5 million tax increase. A special election is scheduled for March 10. Without approval, the district faces a $2.2 million shortfall in 2026-27. This could lead to over 30 staff layoffs and cuts to sports and clubs. Declining state aid and rising costs contribute to the budget deficit.

https://www.nj.com/education/2026/02/nj-school-district-may-cut-sports-slash-30-jobs-if-voters-dont-approve-tax-hike.html