New Jersey Layoffs — January 2008
Employers in New Jersey recorded 12 WARN Act notices in January 2008, covering approximately 1,649 workers — marking a sharp increase from December and down 12% versus January 2007. The average filing covered 137 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Healthcare | 1 | 541 |
| Finance & Insurance | 4 | 387 |
| Information & Technology | 2 | 165 |
| Manufacturing | 1 | 155 |
| Professional Services | 1 | 109 |
| Utilities | 1 | 109 |
| Transportation | 1 | 103 |
| Retail | 1 | 80 |
The Healthcare sector accounted for the largest share of job cuts with 541 workers across 1 notice. At the same time, Finance & Insurance reported 387 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Essex | 2 | 650 |
| Bergen | 4 | 337 |
| Morris | 3 | 298 |
| Mercer | 1 | 146 |
| Middlesex | 1 | 115 |
Essex was the epicenter of layoff activity, accounting for 39% of all affected workers with 650 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Newark | 2 | 650 |
| Northvale | 1 | 155 |
| Hamilton Township | 1 | 146 |
| Florham Park | 1 | 139 |
| Edison | 1 | 115 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Saint James Hospital | Newark | 541 | ||
| Teva Pharmaceuticals | Northvale | 155 | ||
| Yardville Nat. Bank | Hamilton Township | 146 | ||
| Aurora Loan Services | Florham Park | 139 | ||
| New York Times | Edison | 115 | ||
| C3i | Morristown | 109 | ||
| Cummins Metropower | Newark | 109 | ||
| Macy’S Logistics | Cherry Hill | 103 | ||
| H & M | No. Arlington | 80 | ||
| JPMorgan Chase | Woodcliff Lake | 70 | ||
| No. Jersey Media Group | Rockaway | 50 | ||
| Affinity Direct | Englewood Cliffs | 32 |
Leading the list was Saint James Hospital at its Newark facility, reporting 541 affected workers. Teva Pharmaceuticals followed with 155 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The filings reflect a mixed picture for New Jersey's labor market, with activity diverging between monthly and annual comparisons. The Healthcare 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.