New Jersey Layoffs — March 2023
Employers in New Jersey filed 4 WARN Act notices in March 2023, impacting roughly 602 workers — representing a pullback from February and down 38% versus March 2022. The average filing covered 150 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Healthcare | 1 | 300 |
| Manufacturing | 2 | 163 |
| Finance & Insurance | 1 | 139 |
The Healthcare sector led the way in workforce reductions with 300 workers across 1 notice. In a parallel development, Manufacturing reported 163 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Morris | 1 | 300 |
| Middlesex | 1 | 139 |
| Mercer | 1 | 113 |
| Monmouth | 1 | 50 |
Morris saw the most concentrated activity, accounting for 50% of all affected workers with 300 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Morris | 1 | 300 |
| South Iselin | 1 | 139 |
| Princeton | 1 | 113 |
| Eatontown | 1 | 50 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Siemens Healthcare Diagnostics | Morris | 300 | ||
| Homebridge | South Iselin | 139 | ||
| Thermo Fisher Scientific | Princeton | 113 | ||
| Avantor Fluid Handling | Eatontown | 50 |
The single largest action involved Siemens Healthcare Diagnostics at its Morris facility, reporting 300 affected workers. Homebridge followed with 139 workers.
Trend & Outlook
This is the third consecutive month of declining layoff activity.
The data underscores a easing in workforce disruptions across New Jersey, with filings falling below both recent and year-ago levels. 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.