New Jersey Layoffs — November 2022
Employers in New Jersey recorded 7 WARN Act notices in November 2022, covering approximately 490 workers — marking a sharp increase from October and up 59% versus November 2021. The average filing covered 70 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 4 | 314 |
| Information & Technology | 1 | 73 |
| Finance & Insurance | 1 | 65 |
| Professional Services | 1 | 38 |
The Manufacturing sector accounted for the largest share of job cuts with 314 workers across 4 notices. At the same time, Information & Technology reported 73 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Morris | 3 | 285 |
| Ocean | 1 | 73 |
| Essex | 1 | 65 |
| Middlesex | 1 | 38 |
| Passaic | 1 | 29 |
Morris was the epicenter of layoff activity, accounting for 58% of all affected workers with 285 workers across 3 notices.
| City | Notices | Workers |
|---|---|---|
| East Hanover | 3 | 285 |
| Lakewood | 1 | 73 |
| Bloomfield | 1 | 65 |
| South Plainfield | 1 | 38 |
| Passaic | 1 | 29 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Novartis Pharmaceuticals | East Hanover | 221 | ||
| Atlantic Coast Recycling Ocean | Lakewood | 73 | ||
| Reverse Mortgage Funding | Bloomfield | 65 | ||
| Novartis | East Hanover | 60 | ||
| Accurate Diagnostic Laboratories | South Plainfield | 38 | ||
| Atlantice Coast Fibers | Passaic | 29 | ||
| Novartis Services | East Hanover | 4 |
Leading the list was Novartis Pharmaceuticals at its East Hanover facility, reporting 221 affected workers. Atlantic Coast Recycling Ocean followed with 73 workers.
Trend & Outlook
This marks the third consecutive month of rising layoff activity.
The filings reflect mounting pressure on the New Jersey labor market, with activity running above both recent and year-ago benchmarks. The Manufacturing 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.