New Jersey Layoffs — January 2024

Employers in New Jersey posted 21 WARN Act notices in January 2024, affecting an estimated 363 workers — reflecting a cooling compared to December and down 82% versus January 2023. The average filing covered 17 workers, with 0 closures among the notices.

21
Notices Filed
363
Workers Affected
17
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance5116
Healthcare479
Transportation10
Information & Technology10
Manufacturing10

The Finance & Insurance sector saw the heaviest impact with 116 workers across 5 notices. On a related front, Healthcare reported 79 workers.

Geographic Hotspots

CountyNoticesWorkers
Essex2141
Middlesex170
Camden154

Essex saw the most concentrated activity, accounting for 39% of all affected workers with 141 workers across 2 notices.

CityNoticesWorkers
West Orange179
Milltown170
Newark162
Pennington, Jersey City, Woodland Park162
Cherry Hill154

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
RWJ Barnabas HealthWest Orange792024-01-01
ACME Markets IncMilltown702024-01-01
Audible IncNewark622024-01-01
The Bank of New York Mellon CorporationPennington, Jersey City, Woodland Park622024-01-01
TD BankCherry Hill542024-01-01
Newbold ServicesEast Windsor362024-01-01
ACME Markets IncPurchase dataset for city detailsN/A2024-01-03
Newbold ServicesPurchase dataset for city detailsN/A2024-01-05
GetingePurchase dataset for city detailsN/A2024-01-05
RWJ Barnabas HealthPurchase dataset for city detailsN/A2024-01-08
Mead Johnson, RB Health, and Reckitt BenckiserPurchase dataset for city detailsN/A2024-01-08
Audible IncPurchase dataset for city detailsN/A2024-01-12
Bank of New York MellonPurchase dataset for city detailsN/A2024-01-12
Qualfon - Brian Unlimited Distribution CoPurchase dataset for city detailsN/A2024-01-15
United States Technologies Communications CorpPurchase dataset for city detailsN/A2024-01-17

The largest notice was filed by RWJ Barnabas Health at its West Orange facility, reporting 79 affected workers. ACME Markets Inc followed with 70 workers.

Trend & Outlook

This is the third consecutive month of declining layoff activity.

The trends suggest a easing in workforce disruptions across New Jersey, with filings falling below both recent and year-ago levels. The Finance & Insurance 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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