New Jersey Layoffs — November 2015
Employers in New Jersey filed 3 WARN Act notices in November 2015, impacting roughly 542 workers — representing a notable rise over October and down 25% versus November 2014. The average filing covered 181 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 366 |
| Manufacturing | 1 | 92 |
| Information & Technology | 1 | 84 |
The Finance & Insurance sector led the way in workforce reductions with 366 workers across 1 notice. In a parallel development, Manufacturing reported 92 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Essex | 1 | 366 |
| Morris | 1 | 92 |
| Middlesex | 1 | 84 |
Essex was the epicenter of layoff activity, accounting for 68% of all affected workers with 366 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Newark | 1 | 366 |
| Florham Park | 1 | 92 |
| Piscataway | 1 | 84 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Manufacturers and Traders Trust Company ( | Newark | 366 | ||
| Basf | Florham Park | 92 | ||
| Idt | Piscataway | 84 |
The single largest action involved Manufacturers and Traders Trust Company ( at its Newark facility, reporting 366 affected workers. Basf followed with 92 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The data underscores a mixed picture for New Jersey's labor market, with activity diverging between monthly and annual comparisons. The Finance & Insurance 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.