New Jersey Layoffs — November 2024

Employers in New Jersey logged 8 WARN Act notices in November 2024, involving roughly 755 workers — climbing above October and down 80% versus November 2023. The average filing covered 94 workers, with 0 closures among the notices.

8
Notices Filed
755
Workers Affected
94
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Retail1113
Finance & Insurance1108

The Retail sector dominated layoff filings with 113 workers across 1 notice. Meanwhile, Finance & Insurance reported 108 workers.

Geographic Hotspots

CountyNoticesWorkers
Bergen1149
Morris2139
Gloucester1113
Essex1108
Somerset151

Bergen saw the most concentrated activity, accounting for 20% of all affected workers with 149 workers across 1 notices.

CityNoticesWorkers
Lawrenceville1195
Englewood Cliffs1149
East Hanover2139
Swedesboro1113
Newark1108

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Bristol Myers SquibbLawrenceville1952024-11-01
UnileverEnglewood Cliffs1492024-11-01
WalmartSwedesboro1132024-11-01
Prudential Financial IncNewark1082024-11-01
Novartis GroupEast Hanover862024-11-01
Novartis GroupEast Hanover532024-11-01
At&TBedminster512024-11-01
Metropolitan YMCAPurchase dataset for city detailsN/A2024-11-01

The biggest impact was at Bristol Myers Squibb at its Lawrenceville facility, reporting 195 affected workers. Unilever followed with 149 workers.

Trend & Outlook

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

This data points to a mixed picture for New Jersey's labor market, with activity diverging between monthly and annual comparisons. 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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