New Jersey Layoffs — October 2008
Employers in New Jersey submitted 12 WARN Act notices in October 2008, putting at risk an estimated 2,481 workers — down from September and up 82% versus October 2007. The average filing covered 207 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Retail | 3 | 852 |
| Finance & Insurance | 2 | 810 |
| Information & Technology | 1 | 287 |
| Manufacturing | 3 | 266 |
| Construction | 1 | 120 |
| Transportation | 1 | 106 |
| Healthcare | 1 | 40 |
The Retail sector emerged as the hardest-hit sector with 852 workers across 3 notices. Separately, Finance & Insurance reported 810 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Morris | 2 | 810 |
| Passaic | 1 | 519 |
| Gloucester | 3 | 381 |
| Union | 1 | 287 |
| Bergen | 1 | 206 |
Morris absorbed the greatest share of layoffs, accounting for 33% of all affected workers with 810 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Whippany | 2 | 810 |
| Clifton | 1 | 519 |
| Hillside | 1 | 287 |
| Thorofare | 1 | 250 |
| Mahwah | 1 | 206 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Barclays Capital | Whippany | 710 | ||
| Linens’ And Things | Clifton | 519 | ||
| Survivor Technologies | Hillside | 287 | ||
| Deluxe Manufacturing | Thorofare | 250 | ||
| Footstar | Mahwah | 206 | ||
| Linens’ And Things | Swedesboro | 127 | ||
| Builders First Source | Newark | 120 | ||
| Genesis Logistics | Burlington | 106 | ||
| Barclays Capital | Whippany | 100 | ||
| GE Healthcare | Somerset | 40 | ||
| Honeywell Int | Blackwood | 12 | ||
| Honeywell Scanning | W. Deptford | 4 |
Topping the list was Barclays Capital at its Whippany facility, reporting 710 affected workers. Linens’ And Things followed with 519 workers.
Trend & Outlook
These figures highlight 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.