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 September, following earlier cuts in Rahway. Acme Markets is also closing its Edgewater store, impacting 115 workers.
Basking Ridge, New Jersey
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