Employers in New Jersey reported 37 WARN Act notices in August 2023, displacing an estimated 2,573 workers — signaling an acceleration from July and up 661% versus August 2022. The average filing covered 70 workers, with 0 closures among the notices.
| Industry | Notices | Workers |
|---|---|---|
| Healthcare | 2 | 414 |
| Finance & Insurance | 2 | 234 |
| Manufacturing | 2 | 206 |
| Accommodation & Food | 2 | 182 |
| Retail | 2 | 54 |
| Wholesale Trade | 2 | 26 |
The Healthcare sector topped the list of affected industries with 414 workers across 2 notices. Notably, Finance & Insurance reported 234 workers.
| County | Notices | Workers |
|---|---|---|
| Monmouth | 6 | 544 |
| Bergen | 5 | 256 |
| Somerset | 4 | 214 |
| Middlesex | 2 | 200 |
| Essex | 1 | 146 |
Monmouth absorbed the greatest share of layoffs, accounting for 21% of all affected workers with 544 workers across 6 notices.
| City | Notices | Workers |
|---|---|---|
| Freehold | 2 | 420 |
| Various locations throughout | 3 | 345 |
| Various | 2 | 257 |
| Lawrence, Princeton, Berkeley Heights, Pennington, New Brunswick | 2 | 216 |
| Hanover | 2 | 206 |
Layoff type classification was not available for filings in New Jersey this month.
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Nestle USA Inc | Freehold | 210 | 2023-08-01 | |
| Nestle | Freehold | 210 | 2023-08-11 | |
| CVS Health | Various | 207 | 2023-08-01 | |
| CVS Health Corporation | Various locations throughout | 207 | 2023-08-21 | |
| Prudential Financial | Newark | 146 | 2023-08-03 | |
| Bristol Myers Squibb | Lawrence, Princeton, Berkeley Heights, Pennington, New Brunswick | 108 | 2023-08-01 | |
| Bristol-Myers Squibb | Lawrence, Princeton, Berkeley Heights, Pennington, New Brunswick | 108 | 2023-08-10 | |
| Novartis Pharmaceuticals | Hanover | 103 | 2023-08-01 | |
| Novartis Pharmaceuticals | Hanover | 103 | 2023-08-21 | |
| Novembal USA Inc | Edison | 100 | 2023-08-01 | |
| Novembal USA Inc | Edison | 100 | 2023-08-03 | |
| Hotel Mahwah dba Sheraton Mahwah | Mahwah | 91 | 2023-08-01 | |
| Hotel Mahwah dba Sheraton Mahwah | Mahwah | 91 | 2023-08-21 | |
| TD Bank | Various locations throughout | 88 | 2023-08-03 | |
| Labcorp Early Development Laboratories Inc | Somerset | 78 | 2023-08-01 |
The most significant filing came from Nestle USA Inc at its Freehold facility, reporting 210 affected workers. Nestle followed with 210 workers.
After a dip last month, layoff activity has ticked back up.
The numbers illustrate mounting pressure on the New Jersey labor market, with activity running above both recent and year-ago benchmarks. The Healthcare sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by New Jersey. The Worker Adjustment and Retraining Notification (WARN) Act requires employers with 100+ employees to provide 60-day advance notice of mass layoffs and plant closings. Data is updated daily by WARN Firehose. View all New Jersey WARN notices, browse layoffs by state, or download the full dataset.
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