New Jersey Layoffs — May 2025

Employers in New Jersey submitted 28 WARN Act notices in May 2025, putting at risk an estimated 6,041 workers — up substantially from April and up 77% versus May 2024. The average filing covered 216 workers, with 0 closures among the notices.

28
Notices Filed
6,041
Workers Affected
216
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Retail2374
Finance & Insurance163

The Retail sector emerged as the hardest-hit sector with 374 workers across 2 notices. Separately, Finance & Insurance reported 63 workers.

Geographic Hotspots

CountyNoticesWorkers
Hudson6589
Cumberland196
Camden177
Morris171
Somerset159

Hudson felt the sharpest impact, accounting for 10% of all affected workers with 589 workers across 6 notices.

CityNoticesWorkers
NJ11,122
Statewide11,122
Lawrence Township1516
Jersey City6474
Hoboken2374

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Company Location: Philadelphia, PA Rite Aid Affected Employees: ThroughoutNJ1,1222025-05-01
Rite AidStatewide1,1222025-05-01
Bristol Myers Squibb (BMS)Lawrence Township5162025-05-01
Company Location: Orlando, FL Affected Employees: Woodbridge, Toms River, Wayne, GMRI Inc. T/A Bahama BreezeParamus3272025-05-01
GMRI Inc. T/A Bahama BreezeWoodbridge, Toms River, Wayne, Paramus3272025-05-01
GMRI Inc. T/A Bahama BreezeCompany Location: Orlando, FL Affected Employees: Woodbridge, Toms River, Wayne3272025-05-15
Ranstad USSecaucus2362025-05-01
Ranstad USSeacaucus2362025-05-01
WalmartHoboken1872025-05-01
WalmartHoboken1872025-05-01
TransAxleCinnaminson1292025-05-01
TransAxleCinnaminson1292025-05-01
JP Morgan ChaseJersey City1212025-05-05
Summit BHC New JerseyBridgeton962025-05-01
Summit BHC New JerseyBridgeton962025-05-01

Topping the list was Company Location: Philadelphia, PA Rite Aid Affected Employees: Throughout at its NJ facility, reporting 1,122 affected workers. Rite Aid followed with 1,122 workers.

Trend & Outlook

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

These figures highlight 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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