#newjersey

JPMorgan Chase has announced an additional 63 job cuts at its Jersey City office. This latest reduction brings the total number of layoffs at this location to 541 for the year. The company cited ongoing efforts to align staffing with business requirements as the reason for these actions. Artificial intelligence is reportedly contributing to staff reductions in certain departments. These cuts are part of a recurring pattern of workforce adjustments at the Jersey City site throughout 2026.

Jersey City, New Jersey

https://www.newsbytesapp.com/news/business/jpmorgan-chase-cuts-63-at-jersey-city-office-541-total/tldr

The current rumor now puts a EISP offer potentially in October for 4th quarter.But let’s face it the union people costs are already built in the expense for the next 4 years.The company knows by the then most will leave empty handed.So what I hear in New Jersey especially with Multiple fiber builds going along with many different network transformation projects there will not be some across the board massive EISP offered .The head count is not there any longer along .Coupled with the fact the company has the ability to just shuffle people around pretty much to anywhere in the State they need them to work the projects.The 30 mile rule the way it’s laid out would take you border to border in any direction.I have no idea about NY they may be different.Along with more then likely a number of offers to inside type people .So good luck ,but don’t hold your breath or base your future off Rumors of a huge pay day .

Meal kit company HelloFresh is shutting down its distribution center in Swedesboro, New Jersey. This closure will result in the layoff of 374 employees. The company cited operational efficiency as the reason for the closure. Affected employees will receive severance and other transition support. The layoffs are scheduled to take effect on November 17, 2026.

Swedesboro, New Jersey

https://www.nj.com/gloucester-county/2026/08/hellofresh-closing-large-nj-site-with-374-job-layoffs-planned.html

Mastec negotiating first contact with Local 827 in NJ. Any word on what work they will be doing?

So seeing all the RIF posts from today. Anyone from NJ? Have you heard anything about Fidelis NJ?

New federal borrowing caps are creating significant funding gaps for students pursuing higher education. An expert warns that soaring tuition costs combined with these new loan limits will force many students to seek private loans. This situation is particularly challenging for graduate students who previously relied on the Federal Direct Grad Plus Program. Experts advise students to carefully compare lenders and repayment plans to avoid financial pitfalls. The article suggests that the core issue is tuition costs, not student debt itself.

Eatontown, New Jersey

https://nj1015.com/student-loans-repayment-tips/

Woodbridge officials are considering closing Keasbey Fire District No. 4, a move they claim will save taxpayers money and improve emergency services. Opponents, however, suspect the closure is a precursor to redevelopment of the valuable land. The township cites a state inspection highlighting declining membership and rising costs as reasons for the proposed dissolution. A final decision on dissolving the 117-year-old district is expected on August 12. The eight full-time firefighters would be reassigned to other township firehouses.

Woodbridge, New Jersey

https://nj1015.com/keasbey-fire-district-dissolving/

European food group Vandemoortele has fully acquired Banneton Bakery Inc., a South Jersey-based manufacturer of artisan pastries. This acquisition follows an 80% stake Vandemoortele took two years ago, establishing its first U.S. production platform. The Swedesboro facility will remain operational with no planned layoffs, and the company intends to invest further in the plant and its workforce. Banneton's brand will continue as part of Vandemoortele's North American portfolio, complementing their European product offerings. This move aims to strengthen Vandemoortele's presence in the premium frozen baked goods market.

Swedesboro, New Jersey

https://njbiz.com/vandemoortele-acquires-banneton-bakery-south-jersey/

The Plainfield Public Library's Board of Trustees has explained significant reductions in operating hours and potential staff layoffs. These measures are a direct result of a 17% municipal budget cut, which effectively translates to a 34% reduction for the remainder of the fiscal year. The library's operational funding is not eligible for grants, necessitating municipal support. The board is actively working to preserve services despite the financial constraints. The city council is currently deliberating its final budget.

Plainfield, NJ

https://www.tapinto.net/towns/plainfield/sections/community-and-public-policy/articles/in-open-letter-plainfield-library-board-explains-reduced-hours-and-potential-layoffs

New Jersey has filed an antitrust lawsuit against Amazon. The lawsuit targets Amazon's Delivery Service Partner program. This program relies on small businesses to deliver packages for Amazon. The state alleges that Amazon's control over these partners is anticompetitive. This legal action comes at a critical time for Amazon's delivery model.

https://theloadstar.com/new-jersey-fires-a-monopsony-shot-at-amazons-last-mile-empire/

Lisata Therapeutics has significantly reduced its workforce by approximately 72% following the termination of a merger agreement with Kuva Labs. This drastic measure aims to lower operating expenses and conserve cash for the company's strategic future. The biotech is also pursuing legal action against Kuva Labs, alleging a breach of their merger contract. Lisata is seeking damages and a previously agreed-upon termination fee. Some laid-off employees may be rehired as consultants.

Basking Ridge, New Jersey

https://www.biospace.com/job-trends/lisata-axes-72-of-workforce-following-failed-merger-with-kuva

Readington Township Public Schools will reduce staff by twelve positions for the upcoming school year, saving approximately $1.1 million. This reduction was achieved through early-notification separation agreements rather than layoffs. All academic and extracurricular programs will be maintained. The district is also expanding special education offerings. These changes are expected to go unnoticed by the average student and parent.

Readington, NJ

https://www.tapinto.net/towns/flemington-slash-raritan/sections/education/articles/readington-seeing-fewer-staff-positions-for-coming-year-but-no-layoffs

Citibank has announced plans to lay off 59 employees in Hudson County. The company filed a WARN notice with the New Jersey Department of Labor and Workforce Development. These layoffs are scheduled to take effect on October 31. This follows several previous workforce reductions by Citibank in New Jersey this year. The affected jobs are primarily in corporate and regional office operations.

Hudson, New Jersey

https://www.northjersey.com/story/news/hudson/2026/08/05/citibank-layoffs-hudson-county-nj/91179071007/

New Jersey employers filed 84 mass-layoff notices affecting 9,242 workers in the first seven months of 2026. This represents a 42 percent increase in the number of notices compared to the same period in 2025. However, the total number of affected workers only rose by 7.8 percent. The average layoff filing in 2026 involved approximately 110 workers, a decrease from about 145 workers per filing in 2025. This indicates a trend of more companies announcing cuts, but with smaller individual workforce reductions.

New Jersey

https://communitynews.org/sections/business-cns/nj-warn-layoff-notices-2026-analysis/

Jersey City's Department of Administration is implementing program cuts and layoffs as part of its $17 million budget. Business Administrator Ruby Choi presented the details, highlighting that the department is significantly understaffed in IT compared to other large cities. These measures are intended to streamline operations and improve efficiency. The budget includes reductions in personnel, programming, and contracts. The department aims to secure new revenue and promote cost-saving initiatives moving forward.

Jersey City, NJ

http://hudsoncountyview.com/jersey-city-ba-details-cuts-and-layoffs-in-17m-dept-of-administration-budget/

Jersey City's Department of Health and Human Services presented a proposed budget of $8.2 million, a significant decrease from its requested $12.59 million. This reduction will impact services, leading to shorter clinic hours and appointment-only licensing. Eight provisional layoffs have already affected the department, the most of any city agency. The department is actively seeking new grants and exploring revenue streams to offset the cuts. These budget adjustments are part of a larger city effort to address a substantial structural deficit.

Jersey City, New Jersey

https://hudsonreporter.com/news/jersey-city/jersey-city-health-budget-cuts-layoffs/

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 challenges and substantial net losses. Additionally, the firm intends to divest its three South Jersey dispensaries, which represent its sole market presence in the state. These actions reflect a broader withdrawal from the U.S. market.

Vineland, New Jersey

https://www.burlingtoncountytimes.com/story/money/business/2026/07/22/cannabist-closing-grow-site-selling-vineland-deptford-mays-landing-dispensaries/90999257007/

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 like Samsung, Novartis, Mars Wrigley, and Verizon contributed significantly to these July layoffs. These reductions are occurring amidst broader economic pressures affecting the state.

New Jersey

https://patch.com/new-jersey/across-nj/nj-job-cuts-surging-2-400-layoffs-announced-july

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 Centers will also cut 18 jobs in Egg Harbor Township. These reductions are in line with the WARN Act, requiring advance notification. The companies cited business adjustments and restructuring as reasons for the workforce changes.

Newark, Florham Park, Egg Harbor Township

https://www.nj.com/news/2026/07/169-nj-workers-to-lose-jobs-in-latest-wave-of-layoffs.html

Verizon’s notice includes the potential layoffs of 282 employees by Oct. 16. Posted on NJ..com yesterday.

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 is shifting its operations to Chicago. These job cuts add to a growing trend of significant layoffs in New Jersey this year.

https://nj1015.com/nj-layoffs-mikie-sherrill-3/

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 potential job losses for 282 employees. Samsung's notice details 739 layoffs as it relocates its headquarters. These actions are part of broader corporate restructuring and relocation efforts.

https://finance.yahoo.com/technology/articles/more-1-000-layoffs-planned-122451040.html

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 workforce reduction in New Jersey. The company is consolidating its presence.

Newark, New Jersey

https://www.chicagobusiness.com/consumer-products/ccb-mars-wrigley-new-jersey-job-cuts-20260721/

Samsung Electronics America and Samsung SDS America filed WARN notices confirming nearly 1,000 layoffs in New Jersey as the company relocates its US headquarters to Plano, Texas. The cuts land less than a year after Samsung opened a brand new Englewood Cliffs campus.

https://startupfortune.com/samsung-confirms-nearly-1000-layoffs-in-englewood-cliffs-as-it-moves-to-texas/

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 through spending cuts and new revenue sources. Rising health insurance costs and a decline in tax collections are significant factors contributing to the budget increase. A public hearing and final vote on the budget are scheduled for August 10.

Plainfield, New Jersey

https://www.mycentraljersey.com/story/news/local/union-county/2026/07/15/plainfield-budget-tax-increase-layoffs-2026/90914389007/

So apparently a lot of people thru out the Verizon footprint are pretty worried.The basking ridge Nj folks have been talking amongst themselves about possibly a big number of them being riffed 7/16 .They have been told it will affect entire departments.Sounds like on the union associates side they will be offering the Eisp soon after .Sounds like they want to cut 2000 union positions thru packages.Im not too fluent in the contracts but I wonder if they don’t get the number they want with a package can they proceed then with a layoff or additional packages .I would be even more concerned in some areas about being forced adjusted based on the numbers of takers and no takers in certain areas !!

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. Fusion Transport was established in 2019 through a merger. The impact on the Piscataway facility's future operations remains uncertain.

Piscataway, New Jersey

https://finance.yahoo.com/small-business/articles/major-middlesex-county-logistics-company-143942468.html?ref=biztoc.com

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 in 2026. While education and health services have driven recent job gains, other sectors have experienced declines. Population growth, largely fueled by international migration, is also anticipated to decrease. The report suggests New Jersey's unemployment rate will remain higher than the national figure.

New Brunswick, New Jersey

https://jerseyvindicator.org/2026/07/11/new-jersey-economy-expected-to-trail-u-s-growth-for-next-2-years-rutgers-report-says/

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 adjustments. This latest notice brings the total number of affected employees in New Jersey this year to 477. JPMorgan Chase remains committed to New Jersey, employing over 12,500 people in the state.

Jersey City, New Jersey

https://www.nj.com/business/2026/07/jpmorgan-chase-announces-another-round-of-layoffs-at-nj-offices.html

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' notice before mass layoffs. Employees may be entitled to severance pay if proper notice was not given. The firm is seeking to speak with affected employees.

East Hanover, New Jersey

https://straussborrelli.com/2026/07/06/novartis-warn-act-investigation-2/

https://nj1015.com/novartis-cuts-jobs-new-jersey/

In New Jersey they have reached 50k double wood poles that they need to transfer and remove. Some over 9 years old. The state is looking at setting fines for any over 90 days for safety reasons and to make money. Verizon's reason is they don't have enough crews to handle it. In reality it has to be done with expense dollars which they don't want to spend.

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 benefits program. This legislation seeks to improve bargaining power but raises flexibility concerns.

https://www.northjersey.com/story/opinion/columnists/2026/06/30/nj-teacher-health-benefits-crosshairs-schools-struggle/90693106007/

Really wondering how these high cost locations are going to exist if we can’t hire and keep letting people go?? Like what is going to be the point of the Tampa, NJ, or NYC locations if we can’t use them??

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 will vote on the revised proposal soon.

Jersey City, New Jersey

https://www.cbsnews.com/newyork/news/jersey-city-property-tax-increase-james-solomon/

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 scheduled for late September.

https://www.nj.com/business/2026/06/layoffs-to-cut-more-than-200-jobs-at-2-nj-tech-and-manufacturing-companies.html

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 reorganization aims to focus resources on the Zynlonta franchise.

https://www.fiercepharma.com/pharma/amid-safety-concerns-adc-therapeutics-plots-17-staff-cuts-push-resources-behind-lead-adc

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 filings contribute to 746 total layoffs disclosed in June.

New Jersey

https://www.nj.com/business/2026/06/260-nj-workers-may-lose-jobs-as-2-more-employers-announce-layoffs.html

The CEO left suddenly, seemingly without explanation, and then was very quickly replaced but no formal announcement to internal business partners. What in the world is going on over there?

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 across the United States and the Philippines.

Saddle Brook, NJ

https://patch.com/new-jersey/ridgewood/bergen-county-company-lay-dozens-employees-september-says-nj-warn-notice