New Jersey Layoffs — October 2023

Employers in New Jersey recorded 21 WARN Act notices in October 2023, covering approximately 2,853 workers — marking a sharp increase from September and up 630% versus October 2022. The average filing covered 136 workers, with 0 closures among the notices.

21
Notices Filed
2,853
Workers Affected
136
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Education2252
Transportation2216
Healthcare2180

The Education sector accounted for the largest share of job cuts with 252 workers across 2 notices. At the same time, Transportation reported 216 workers.

Geographic Hotspots

CountyNoticesWorkers
Somerset41,168
Middlesex2216
Essex2214
Gloucester2208
Camden2186

Somerset felt the sharpest impact, accounting for 41% of all affected workers with 1,168 workers across 4 notices.

CityNoticesWorkers
Gladstone2986
Ewing, Princeton2252
Avenel2216
Newark2214
Clayton2208

Layoff Type Analysis

Layoff type classification was not available for filings in New Jersey this month.

Largest Layoffs

CompanyCityWorkersTypeDate
Pfizer IncGladstone7912023-10-01
Pfizer IncGladstone1952023-10-01
Hunterdon Brewing Company LLCWhite House Station1432023-10-10
Educational Testing ServiceEwing, Princeton1262023-10-01
Educational Testing ServiceEwing, Princeton1262023-10-04
ID LogisticsAvenel1082023-10-01
ID LogisticsAvenel1082023-10-12
GEO Reentry Service LLCNewark1072023-10-01
GEO Reentry Service LLCNewark1072023-10-23
Novelis ALR Rolled Products IncClayton1042023-10-01
Novelis ALR Rolled Products IncClayton1042023-10-24
GeicoCherry Hill932023-10-01
GeicoCherry Hill932023-10-23
Qualcomm IncBridgewater912023-10-01
QualcommBridgewater912023-10-12

Leading the list was Pfizer Inc at its Gladstone facility, reporting 791 affected workers. Pfizer Inc followed with 195 workers.

Trend & Outlook

After a dip last month, layoff activity has ticked back up.

The filings reflect mounting pressure on the New Jersey labor market, with activity running above both recent and year-ago benchmarks. The Education 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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