Employers in New Jersey filed 21 WARN Act notices in February 2024, impacting roughly 2,088 workers — representing a notable rise over January and up 11% versus February 2023. The average filing covered 99 workers, with 0 closures among the notices.
| Industry | Notices | Workers |
|---|---|---|
| Retail | 1 | 481 |
| Finance & Insurance | 2 | 266 |
| Wholesale Trade | 2 | 100 |
| Healthcare | 1 | 90 |
The Retail sector led the way in workforce reductions with 481 workers across 1 notice. In a parallel development, Finance & Insurance reported 266 workers.
| County | Notices | Workers |
|---|---|---|
| Hudson | 5 | 893 |
| Middlesex | 2 | 285 |
| Essex | 2 | 202 |
| Bergen | 2 | 167 |
| Morris | 1 | 100 |
Hudson bore the heaviest burden, accounting for 43% of all affected workers with 893 workers across 5 notices.
| City | Notices | Workers |
|---|---|---|
| Hoboken | 1 | 481 |
| Lawrence Twp | 2 | 290 |
| Jersey City | 3 | 283 |
| Highland Park | 1 | 195 |
| Newark | 1 | 145 |
Layoff type classification was not available for filings in New Jersey this month.
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Walmart | Hoboken | 481 | 2024-02-01 | |
| Bristol Myers Squibb (BMS) | Lawrence Twp | 223 | 2024-02-01 | |
| RCHP (Reformed Church of Highland Park Affordable Housing Corporation) | Highland Park | 195 | 2024-02-01 | |
| Prudential Financial Inc | Newark | 145 | 2024-02-01 | |
| Ashley Stewart Inc | Secaucus | 129 | 2024-02-01 | |
| JP Morgan Chase Bank | Jersey City | 121 | 2024-02-01 | |
| Planitroi | Denville | 100 | 2024-02-01 | |
| Fresh Pro Food Distributors | West Caldwell | 100 | 2024-02-01 | |
| Boehringer Ingelheim Animal Health | New Brunswick | 90 | 2024-02-01 | |
| Flight Centre Travel Group (USA) Inc | Montvale | 84 | 2024-02-01 | |
| BetMGM | Jersey City | 83 | 2024-02-01 | |
| Sealed Air Corporation | Saddle Brook | 83 | 2024-02-01 | |
| CWS (Church World Service, Inc.) | Jersey City | 79 | 2024-02-01 | |
| Bristol Myers Squibb (BMS) | Lawrence Twp | 67 | 2024-02-01 | |
| Eisai | Nutley | 57 | 2024-02-01 |
The single largest action involved Walmart at its Hoboken facility, reporting 481 affected workers. Bristol Myers Squibb (BMS) followed with 223 workers.
After a dip last month, layoff activity has ticked back up.
The data underscores mounting pressure on the New Jersey labor market, with activity running above both recent and year-ago benchmarks. The Retail 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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