New Jersey experienced a significant increase in job cuts during January. Employers announced 1,980 layoffs, a 544 percent rise from January 2025. This surge mirrors national trends not seen since the Great Recession. Amazon accounted for 871 of New Jersey's January cuts. Experts indicate employers are less optimistic about the 2026 outlook.
https://patch.com/new-jersey/across-nj/job-cuts-spiking-nj-national-layoffs-mirror-great-recession-totals