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... — read more
New Jersey Sees Significant July Job Losses
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... — read more
New Jersey Sees 169 Job Cuts Across Three Firms
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... — read more
Corporate Relocations Trigger Significant Job Losses
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... — read more
Two leading U.S. tech companies to cut over 1,000 jobs in New Jersey
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... — read more
Mars Job Cuts Follow Chicago Growth
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... — read more
Plainfield Council Approves Budget with Tax Hike and Job Cuts
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... — read more
Jersey City Budget Unveiled Amidst Layoffs and Council Disputes
Jersey City's Mayor will formally introduce the 2026 municipal budget on Wednesday, following weeks of public hearings and the recent layoff of 31 provisional employees. The proposed budget aims to address a significant structural deficit by... — read more
Fusion Transport Announces Workforce Reduction
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... — read more
Parsippany Firms Announce Workforce Reductions
Several companies based in Parsippany have filed WARN notices in 2026, impacting a total of 243 employees. These filings indicate potential layoffs across various sectors. Specific companies include Reckitt Benckiser, RB Health, Mead Johnson, Fulton... — read more
New Jersey Economy Faces Slowdown
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... — read more
City Workers Face Job Cuts
Jersey City officials confirmed that over thirty municipal employees will be laid off. The announcement came during a city council meeting on Friday afternoon. Union leaders also acknowledged the impending job losses. The Solomon administration is... — read more
JPMorgan Chase Cuts 172 Jobs in Jersey City
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... — read more
Microsoft Faces WARN Act Inquiry
A law firm is investigating Microsoft for potential violations of the WARN Act following a recent mass layoff. The company reportedly laid off 605 employees at its Redmond, Washington facility. The WARN Act requires employers to provide 60 days'... — read more
Novartis Faces WARN Act Inquiry
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'... — read more
Samsung Leaves New Jersey Headquarters
Samsung Electronics America is relocating its U.S. headquarters from New Jersey to Texas. This move will impact approximately 1,000 employees, who must either move or face job loss. Lawmakers and business leaders express concern that the state's... — read more
The state's overall announced layoffs for 2026 now exceed 9,200
https://nj1015.com/novartis-cuts-jobs-new-jersey/
Pharma Industry Layoffs and Closures Hit 506 New Jersey Employees
Novartis Pharmaceuticals Corp. announced 322 job cuts at its East Hanover facility. This is part of over 500 total layoffs across three New Jersey employers this week. Notions Marketing is cutting 179 jobs in Gloucester County due to a warehouse... — read more
Novartis Cuts 322 US Headquarters Jobs
Novartis is laying off 322 employees at its U.S. headquarters. The cuts are scheduled to take effect by October 2. The company cited changes in sales, patient support, and marketing. This represents the fourth round of dismissals at the East Hanover... — read more
NJ Schools Struggle with Soaring Health Benefit Costs
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... — read more
Sheraton Atlantic City Hotel to Cut Nearly 100 Jobs
The Sheraton Atlantic City Convention Center will cut 96 jobs. Headquarters Hotel Mgmt, LLC operates the hotel. These layoffs are scheduled for October 1. State officials approved converting half the hotel to senior apartments. This plan uses state... — read more
Jersey City Mayor Proposes Reduced Tax Hike Amid Layoff Threat
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... — read more
Samsung SDS America Cuts 179 Jobs in New Jersey
Samsung SDS America plans to cut 179 jobs. These positions are at its Ridgefield Park, New Jersey headquarters. The job reductions are set to begin on October 1. This move is connected to Samsung Electronics America vacating the campus. Samsung... — read more
ADP, International Paper Announce New Jersey Workforce Reductions
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... — read more
ADC Therapeutics Cuts 17% of Staff to Boost Zynlonta
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... — read more
New Jersey Layoffs Continue
New Jersey employers announced 8,177 mass layoffs this year through late June. This total surpasses the number of layoffs reported by the same time last year. Verizon and AT&T, two major telecom companies, contributed to these recent job cuts... — read more
260 New Jersey workers face job losses
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... — read more
Digital Room LLC Announces Bergen County Job Cuts
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... — read more
ExxonMobil Moves Legal Domicile to Texas
ExxonMobil shareholders voted to move the company's legal home. The state of incorporation will shift from New Jersey to Texas. This decision concludes a corporate tie to New Jersey spanning over 140 years. It is a legal change, not a physical... — read more
Forbes Report Grades Eight NJ Colleges Financially Troubled
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... — read more
Citibank Cuts More Jobs in New Jersey
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... — read more
Belleville Public Schools Reorganizes, Cuts 28 Positions
Belleville Public Schools approved a district reorganization plan. This plan includes 28 layoffs and over 30 staff transfers. The district faces a $4.6 million budget deficit and reduced state aid. Critics argue the changes will harm support for... — read more
UBS Plans 65 Layoffs in Weehawken
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... — read more
Prudential Financial Implements Further Layoffs Amid Restructuring Efforts
Prudential Financial is laying off 53 employees on July 17. This action is part of ongoing restructuring under CEO Andrew Sullivan. The company has issued several layoff notices since July 2025. The company aims to strengthen its business for... — read more
Verizon, Novartis, Merck Among Firms Cutting NJ Jobs
New Jersey has seen over 7,600 layoffs announced in 2026 by early June. Verizon announced 121 new layoffs based in Basking Ridge. Novartis reported a third round of cuts, totaling 250 layoffs in East Hanover. Merck announced 88 layoffs effective by... — read more
Merck Initiates New Jersey Layoffs Amid Cost Plan
Merck & Co. is reducing its New Jersey workforce. Eighty-eight employees at its Rahway headquarters will be affected. This action is part of a multiyear $3 billion cost-cutting plan. Merck previously confirmed 6,000 global job reductions. The company... — read more
Johnson & Johnson Cuts 56 New Jersey Jobs
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... — read more
New Jersey Companies Announce Thousands of Layoffs
Over 7,350 layoffs have been announced across New Jersey for 2026. These job cuts are detailed in WARN notices filed with the state. Major sectors like retail, healthcare, finance, and logistics are affected. Companies such as Amazon, Blue Cross Blue... — read more
Multiple Companies Announce New Jersey Layoffs
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... — read more
Acme Edgewater Outlet to Close, 115 Workers Displaced
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... — read more