New Jersey employers announced nearly 4,000 job cuts in the first two months of 2026. Amazon alone expects to cut over 800 jobs across several New Jersey counties. JPMorgan Chase and Citibank also filed notices impacting hundreds of banking positions. Bristol Myers Squibb and health insurers like Blue Cross Blue Shield will also reduce staff. An economics professor views these figures as small relative to the state's overall economy.
https://www.nj.com/news/2026/03/as-thousands-face-layoffs-in-nj-these-are-the-jobs-that-are-going-away.html