New Jersey Layoffs — May 2024

Employers in New Jersey logged 24 WARN Act notices in May 2024, involving roughly 3,415 workers — climbing above April and up 607% versus May 2023. The average filing covered 142 workers, with 0 closures among the notices.

24
Notices Filed
3,415
Workers Affected
142
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Retail41,050
Healthcare2200

The Retail sector dominated layoff filings with 1,050 workers across 4 notices. Meanwhile, Healthcare reported 200 workers.

Geographic Hotspots

CountyNoticesWorkers
Essex2402
Morris5355
Hudson2288
Salem1271
Burlington1138

Essex felt the sharpest impact, accounting for 12% of all affected workers with 402 workers across 2 notices.

CityNoticesWorkers
Lawrenceville2863
Pedtricktown2542
Caldwell2402
Pedricktown1271
Hoboken1237

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Bristol Myers SquibbLawrenceville7762024-05-01
Walmart IncPedtricktown2712024-05-01
Walmart IncPedricktown2712024-05-01
WalmartPedtricktown2712024-05-14
Walmart IncHoboken2372024-05-01
RR Donnelly & SonsCaldwell2012024-05-01
RR Donnelly & SonsCaldwell2012024-05-10
Express Fashion Operations LLCMultiple Locations Throughout1612024-05-03
Catapult LearningTrenton1382024-05-01
The Beverage WorksWall1222024-05-01
Reckitt Benckiser, Mead Johnson, and RB HealthParsippany1002024-05-01
Reckitt Benckiser, Mead Johnson, and RB HealthParsippany1002024-05-01
Bristol Myers SquibbLawrenceville872024-05-01
Havana Central NJ1 LLCEdison652024-05-01
Havana Central NJ1 LLCEdison652024-05-21

The biggest impact was at Bristol Myers Squibb at its Lawrenceville facility, reporting 776 affected workers. Walmart Inc followed with 271 workers.

Trend & Outlook

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

This data points to 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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