#newjersey

Pharmaceutical giant Bristol Myers Squibb is implementing another round of layoffs, impacting 265 employees at its Princeton headquarters. This marks the third wave of job cuts disclosed by the company in New Jersey this year. The reductions are part of a broader cost-saving initiative aiming to cut $2 billion by the end of 2027. These latest layoffs are scheduled to commence in December 2026 and continue into May 2027. The company has now seen over 1,700 positions eliminated in New Jersey since January 2025.

Princeton, New Jersey

https://www.nj.com/business/2026/09/pharmaceutical-giant-to-lay-off-265-nj-workers-in-3rd-wave-of-job-cuts-this-year.html

Wonder Group Inc. is relocating some operations to a new South Jersey facility, resulting in layoffs for over 500 North Jersey staff. The company is consolidating its production and distribution sites in Cranford and Fairfield. These layoffs are part of a strategic move to a larger facility in Swedesboro, aimed at long-term supply chain growth. While some employees may be offered roles at the new location, many will receive severance and outplacement services. The corporate site in Parsippany will remain operational.

Swedesboro, New Jersey

https://www.northjersey.com/story/news/business/2026/09/17/wonder-food-hall-company-layoffs/91809576007/

The food delivery and takeout company Wonder is laying off 533 employees. These job cuts are scheduled to be completed by January 8th. This announcement comes as the company recently finalized a significant partnership with DoorDash. Wonder aims to expand its presence on college campuses through this collaboration. The company describes itself as a food technology platform utilizing robotics to enhance food accessibility.

New Jersey

https://patch.com/new-jersey/across-nj/restaurant-company-cutting-500-jobs-layoffs-surge-nj

Barrette Outdoor Living is laying off 59 employees at its Galloway Township plant. These layoffs are scheduled to occur on December 13th and 14th. This follows a previous layoff of 120 workers in July 2025. The company manufactures outdoor décor products. The timing of these cuts is notable given a recent warehouse expansion.

Galloway Township, New Jersey

https://wpst.com/ixp/397/p/barrette-outdoor-living-layoffs/

Financial services firm Fiserv Solutions is implementing another round of layoffs. This latest action will impact 98 employees at its New Jersey location. These cuts add to previous job reductions, bringing the total for the year to 216. The company provides software and systems for financial transactions. This includes services for banks, credit unions, and merchants.

Berkeley Heights, New Jersey

https://finance.yahoo.com/markets/stocks/articles/major-n-j-financial-services-180050715.html

I see a warn nj, 9/11 its done, 98 folks

How is the RTO going? Ive been on mat leave and coning back.

https://www.biospace.com/biospace-layoff-tracker

The South Brunswick Township Council has introduced a $1 million special emergency appropriation. This funding is designated to cover contractually required severance liabilities. These liabilities stem from employee retirements and layoffs anticipated in 2026. The ordinance allows for financing through bonds or notes. This mechanism is permitted by state law for such municipal expenses.

South Brunswick, NJ

https://www.tapinto.net/towns/south-brunswick/articles/south-brunswick-introduces-1-million-special-emergency-appropriation-for-employee-severance-costs

New Jersey experienced a substantial increase in layoffs during the summer months. Nearly 4,500 job cuts were announced between June and August. This represents a significant rise compared to the previous summer. The total number of layoffs announced for 2026 has now reached nearly 13,000. These figures were reported to the state Department of Labor.

New Jersey

https://patch.com/new-jersey/across-nj/nj-layoffs-spike-nearly-4-500-job-cuts-summer

Pharmaceutical giant Merck & Co. is implementing further job reductions, with 54 employees at its Rahway facility being laid off. These cuts are a component of a broader strategy to reduce expenses by $3 billion by 2027. The company previously announced similar workforce reductions earlier in the year. Savings generated from these measures are intended to fund the development of new products. The latest layoffs will occur in two stages in late 2026 and early 2027.

Rahway, New Jersey

https://www.nj.com/business/2026/09/nj-pharmaceutical-giant-cuts-54-more-jobs-as-3b-cost-cutting-plan-deepens.html

Campbell's Company has reduced its salaried workforce by approximately 13% through a combination of voluntary early retirement and layoffs. These actions are part of a broader strategy to improve financial performance and reduce costs. The company is facing challenges due to inflation and declining sales, particularly in its snack division. Management aims to achieve $500 million in cost reductions by 2030. This workforce reduction is intended to enhance speed, accountability, and profitability.

Camden, New Jersey

https://whyy.org/articles/campbells-workforce-reduction/

Financial services giant UBS has announced another round of job reductions in New Jersey. The company plans to eliminate 41 positions at its Weehawken office. These layoffs are scheduled to occur in late November. This latest workforce reduction brings UBS's total layoffs to 209 employees. The company is a major global financial institution.

Weehawken, New Jersey

https://www.nj.com/business/2026/09/giant-nj-banking-employer-announces-more-job-cuts-pushing-layoffs-beyond-200.html

Several school districts in South Jersey are implementing staff layoffs as a result of budget cuts. These reductions will affect various roles, including teachers, custodial staff, and administrative personnel. The changes are taking effect at the start of the new school year. School officials are working to manage the impact of these staffing changes on classroom environments. The Collingswood Public Schools district alone has eliminated 30 positions.

Cherry Hill, New Jersey

https://www.courierpostonline.com/story/news/education/2026/09/04/sj-schools-prepare-for-the-school-year-amongst-layoffs-budget-cuts/91304896007/

Heard there was a layoff at the Camden NJ site today. Only heard of one name but I doubt they stopped at one. From looking at this web site today, looks like it was a corporate-wide event.

Biotechnology firm Cellares Corporation is reducing its workforce by 68 employees. These layoffs are occurring at the company's Bridgewater facility. The company stated the cuts are part of a restructuring effort. This move aims to focus resources on existing customer programs. The decision follows the termination of a partnership with a pharmaceutical client.

Bridgewater, New Jersey

https://www.nj.com/business/2026/09/68-nj-workers-to-lose-jobs-after-biotechnology-company-downsizes.html

JPMorgan Chase has announced an additional 63 job cuts at its Jersey City office. This latest reduction brings the total number of layoffs at this location to 541 for the year. The company cited ongoing efforts to align staffing with business requirements as the reason for these actions. Artificial intelligence is reportedly contributing to staff reductions in certain departments. These cuts are part of a recurring pattern of workforce adjustments at the Jersey City site throughout 2026.

Jersey City, New Jersey

https://www.newsbytesapp.com/news/business/jpmorgan-chase-cuts-63-at-jersey-city-office-541-total/tldr

The current rumor now puts a EISP offer potentially in October for 4th quarter.But let’s face it the union people costs are already built in the expense for the next 4 years.The company knows by the then most will leave empty handed.So what I hear in New Jersey especially with Multiple fiber builds going along with many different network transformation projects there will not be some across the board massive EISP offered .The head count is not there any longer along .Coupled with the fact the company has the ability to just shuffle people around pretty much to anywhere in the State they need them to work the projects.The 30 mile rule the way it’s laid out would take you border to border in any direction.I have no idea about NY they may be different.Along with more then likely a number of offers to inside type people .So good luck ,but don’t hold your breath or base your future off Rumors of a huge pay day .

Meal kit company HelloFresh is shutting down its distribution center in Swedesboro, New Jersey. This closure will result in the layoff of 374 employees. The company cited operational efficiency as the reason for the closure. Affected employees will receive severance and other transition support. The layoffs are scheduled to take effect on November 17, 2026.

Swedesboro, New Jersey

https://www.nj.com/gloucester-county/2026/08/hellofresh-closing-large-nj-site-with-374-job-layoffs-planned.html

Mastec negotiating first contact with Local 827 in NJ. Any word on what work they will be doing?

So seeing all the RIF posts from today. Anyone from NJ? Have you heard anything about Fidelis NJ?

New federal borrowing caps are creating significant funding gaps for students pursuing higher education. An expert warns that soaring tuition costs combined with these new loan limits will force many students to seek private loans. This situation is particularly challenging for graduate students who previously relied on the Federal Direct Grad Plus Program. Experts advise students to carefully compare lenders and repayment plans to avoid financial pitfalls. The article suggests that the core issue is tuition costs, not student debt itself.

Eatontown, New Jersey

https://nj1015.com/student-loans-repayment-tips/

Woodbridge officials are considering closing Keasbey Fire District No. 4, a move they claim will save taxpayers money and improve emergency services. Opponents, however, suspect the closure is a precursor to redevelopment of the valuable land. The township cites a state inspection highlighting declining membership and rising costs as reasons for the proposed dissolution. A final decision on dissolving the 117-year-old district is expected on August 12. The eight full-time firefighters would be reassigned to other township firehouses.

Woodbridge, New Jersey

https://nj1015.com/keasbey-fire-district-dissolving/

European food group Vandemoortele has fully acquired Banneton Bakery Inc., a South Jersey-based manufacturer of artisan pastries. This acquisition follows an 80% stake Vandemoortele took two years ago, establishing its first U.S. production platform. The Swedesboro facility will remain operational with no planned layoffs, and the company intends to invest further in the plant and its workforce. Banneton's brand will continue as part of Vandemoortele's North American portfolio, complementing their European product offerings. This move aims to strengthen Vandemoortele's presence in the premium frozen baked goods market.

Swedesboro, New Jersey

https://njbiz.com/vandemoortele-acquires-banneton-bakery-south-jersey/

The Plainfield Public Library's Board of Trustees has explained significant reductions in operating hours and potential staff layoffs. These measures are a direct result of a 17% municipal budget cut, which effectively translates to a 34% reduction for the remainder of the fiscal year. The library's operational funding is not eligible for grants, necessitating municipal support. The board is actively working to preserve services despite the financial constraints. The city council is currently deliberating its final budget.

Plainfield, NJ

https://www.tapinto.net/towns/plainfield/sections/community-and-public-policy/articles/in-open-letter-plainfield-library-board-explains-reduced-hours-and-potential-layoffs

New Jersey has filed an antitrust lawsuit against Amazon. The lawsuit targets Amazon's Delivery Service Partner program. This program relies on small businesses to deliver packages for Amazon. The state alleges that Amazon's control over these partners is anticompetitive. This legal action comes at a critical time for Amazon's delivery model.

https://theloadstar.com/new-jersey-fires-a-monopsony-shot-at-amazons-last-mile-empire/

Lisata Therapeutics has significantly reduced its workforce by approximately 72% following the termination of a merger agreement with Kuva Labs. This drastic measure aims to lower operating expenses and conserve cash for the company's strategic future. The biotech is also pursuing legal action against Kuva Labs, alleging a breach of their merger contract. Lisata is seeking damages and a previously agreed-upon termination fee. Some laid-off employees may be rehired as consultants.

Basking Ridge, New Jersey

https://www.biospace.com/job-trends/lisata-axes-72-of-workforce-following-failed-merger-with-kuva

Readington Township Public Schools will reduce staff by twelve positions for the upcoming school year, saving approximately $1.1 million. This reduction was achieved through early-notification separation agreements rather than layoffs. All academic and extracurricular programs will be maintained. The district is also expanding special education offerings. These changes are expected to go unnoticed by the average student and parent.

Readington, NJ

https://www.tapinto.net/towns/flemington-slash-raritan/sections/education/articles/readington-seeing-fewer-staff-positions-for-coming-year-but-no-layoffs

Citibank has announced plans to lay off 59 employees in Hudson County. The company filed a WARN notice with the New Jersey Department of Labor and Workforce Development. These layoffs are scheduled to take effect on October 31. This follows several previous workforce reductions by Citibank in New Jersey this year. The affected jobs are primarily in corporate and regional office operations.

Hudson, New Jersey

https://www.northjersey.com/story/news/hudson/2026/08/05/citibank-layoffs-hudson-county-nj/91179071007/

New Jersey employers filed 84 mass-layoff notices affecting 9,242 workers in the first seven months of 2026. This represents a 42 percent increase in the number of notices compared to the same period in 2025. However, the total number of affected workers only rose by 7.8 percent. The average layoff filing in 2026 involved approximately 110 workers, a decrease from about 145 workers per filing in 2025. This indicates a trend of more companies announcing cuts, but with smaller individual workforce reductions.

New Jersey

https://communitynews.org/sections/business-cns/nj-warn-layoff-notices-2026-analysis/

Jersey City's Department of Administration is implementing program cuts and layoffs as part of its $17 million budget. Business Administrator Ruby Choi presented the details, highlighting that the department is significantly understaffed in IT compared to other large cities. These measures are intended to streamline operations and improve efficiency. The budget includes reductions in personnel, programming, and contracts. The department aims to secure new revenue and promote cost-saving initiatives moving forward.

Jersey City, NJ

http://hudsoncountyview.com/jersey-city-ba-details-cuts-and-layoffs-in-17m-dept-of-administration-budget/

Jersey City's Department of Health and Human Services presented a proposed budget of $8.2 million, a significant decrease from its requested $12.59 million. This reduction will impact services, leading to shorter clinic hours and appointment-only licensing. Eight provisional layoffs have already affected the department, the most of any city agency. The department is actively seeking new grants and exploring revenue streams to offset the cuts. These budget adjustments are part of a larger city effort to address a substantial structural deficit.

Jersey City, New Jersey

https://hudsonreporter.com/news/jersey-city/jersey-city-health-budget-cuts-layoffs/

A ca--abis company is closing two cultivation facilities in Vineland due to significant financial losses. This closure will result in the elimination of 86 jobs. The parent company has filed for bankruptcy protection, citing widespread industry challenges and substantial net losses. Additionally, the firm intends to divest its three South Jersey dispensaries, which represent its sole market presence in the state. These actions reflect a broader withdrawal from the U.S. market.

Vineland, New Jersey

https://www.burlingtoncountytimes.com/story/money/business/2026/07/22/cannabist-closing-grow-site-selling-vineland-deptford-mays-landing-dispensaries/90999257007/

New Jersey experienced a surge in layoffs during July, with over 2,400 positions eliminated. This brings the total job cuts in the state for 2026 to nearly 12,000. The current unemployment rate in New Jersey stands at 4.5 percent. Major companies like Samsung, Novartis, Mars Wrigley, and Verizon contributed significantly to these July layoffs. These reductions are occurring amidst broader economic pressures affecting the state.

New Jersey

https://patch.com/new-jersey/across-nj/nj-job-cuts-surging-2-400-layoffs-announced-july

Three companies have announced upcoming layoffs impacting 169 employees across New Jersey. Prudential Insurance Company of America will lay off 89 workers in Newark, while BASF Corporation will eliminate 62 positions in Florham Park. Petvet Care Centers will also cut 18 jobs in Egg Harbor Township. These reductions are in line with the WARN Act, requiring advance notification. The companies cited business adjustments and restructuring as reasons for the workforce changes.

Newark, Florham Park, Egg Harbor Township

https://www.nj.com/news/2026/07/169-nj-workers-to-lose-jobs-in-latest-wave-of-layoffs.html

Verizon’s notice includes the potential layoffs of 282 employees by Oct. 16. Posted on NJ..com yesterday.

Two major corporations, Samsung and Mars Wrigley, are relocating their U.S. headquarters out of New Jersey. This move will result in a combined total of 1,000 layoffs across the state. Samsung is moving its headquarters to Texas, while Mars Wrigley is shifting its operations to Chicago. These job cuts add to a growing trend of significant layoffs in New Jersey this year.

https://nj1015.com/nj-layoffs-mikie-sherrill-3/

Two major technology companies are planning significant workforce reductions in New Jersey. Verizon Corporate Resources Group, LLC and Samsung Electronics America, Inc. have both submitted layoff notices to the state. Verizon's filing indicates potential job losses for 282 employees. Samsung's notice details 739 layoffs as it relocates its headquarters. These actions are part of broader corporate restructuring and relocation efforts.

https://finance.yahoo.com/technology/articles/more-1-000-layoffs-planned-122451040.html

Mars is closing its Newark headquarters as part of a strategic shift. This move will result in over 300 employees losing their jobs. The company is simultaneously expanding its operations in Chicago. This expansion is a key driver behind the workforce reduction in New Jersey. The company is consolidating its presence.

Newark, New Jersey

https://www.chicagobusiness.com/consumer-products/ccb-mars-wrigley-new-jersey-job-cuts-20260721/

Samsung Electronics America and Samsung SDS America filed WARN notices confirming nearly 1,000 layoffs in New Jersey as the company relocates its US headquarters to Plano, Texas. The cuts land less than a year after Samsung opened a brand new Englewood Cliffs campus.

https://startupfortune.com/samsung-confirms-nearly-1000-layoffs-in-englewood-cliffs-as-it-moves-to-texas/