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New Jersey Layoffs — May 2023

Employers in New Jersey reported 8 WARN Act notices in May 2023, displacing an estimated 447 workers — signaling a deceleration from April and down 6% versus May 2022. The average filing covered 56 workers, with 0 closures among the notices.

8
Notices Filed
447
Workers Affected
56
Avg per Notice
0
Closures

Industry Breakdown

Industry breakdown for New Jersey
IndustryNoticesWorkers
Information & Technology2207
Manufacturing194
Transportation155
Finance & Insurance151
Retail340

The Information & Technology sector topped the list of affected industries with 207 workers across 2 notices. Notably, Manufacturing reported 94 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Hudson5146
Essex1114
Union194
Camden193

Hudson absorbed the greatest share of layoffs, accounting for 33% of all affected workers with 146 workers across 5 notices.

Top cities by layoff notices
CityNoticesWorkers
Newark1114
Jersey City495
Plainfield194
Voorhees193
Weehawken151

Layoff Type Analysis

Layoff type classification was not available for filings in New Jersey this month.

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
Meta Platforms Inc (formerly Facebook)Newark114
PTC TherapeuticsPlainfield94
SDH Services EastVoorhees93
Amazon (warehouse workers)Jersey City55
UbsWeehawken51
Amazon (remote workers )Jersey City36
Amazon (remote workers )Jersey City2
Amazon (remote workers)Jersey City2

The most significant filing came from Meta Platforms Inc (formerly Facebook) at its Newark facility, reporting 114 affected workers. PTC Therapeutics followed with 94 workers.

Trend & Outlook

The numbers illustrate a easing in workforce disruptions across New Jersey, with filings falling below both recent and year-ago levels. The Information & Technology 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.

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