New Jersey Layoffs — June 2023
Employers in New Jersey logged 9 WARN Act notices in June 2023, involving roughly 1,019 workers — climbing above May and up 308% versus June 2022. The average filing covered 113 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Retail | 3 | 503 |
| Information & Technology | 2 | 257 |
| Healthcare | 2 | 138 |
| Finance & Insurance | 1 | 61 |
| Wholesale Trade | 1 | 60 |
The Retail sector dominated layoff filings with 503 workers across 3 notices. Meanwhile, Information & Technology reported 257 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Hudson | 2 | 276 |
| Somerset | 2 | 257 |
| Montgomery | 1 | 227 |
| Bergen | 1 | 71 |
| Morris | 1 | 67 |
Hudson was the epicenter of layoff activity, accounting for 27% of all affected workers with 276 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Conshohocken | 1 | 227 |
| Basking Ridge | 1 | 183 |
| Secaucus | 1 | 138 |
| Seacaucus | 1 | 138 |
| Bedminister | 1 | 74 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| David’s Bridal | Conshohocken | 227 | ||
| Verizon Corp. Resources Group LLL & other VZ Affiliates | Basking Ridge | 183 | ||
| Children’s Place Services | Secaucus | 138 | ||
| Children's Place Services | Seacaucus | 138 | ||
| AT&T | Bedminister | 74 | ||
| BioReference Health | Elmwood Park | 71 | ||
| Siemens Healthcare Diagnostics | Flanders | 67 | ||
| Morgan Stanley | Princeton | 61 | ||
| United Natural Foods | Logan Township | 60 |
The biggest impact was at David’s Bridal at its Conshohocken facility, reporting 227 affected workers. Verizon Corp. Resources Group LLL & other VZ Affiliates followed with 183 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
This data points to mounting pressure on the New Jersey labor market, with activity running above both recent and year-ago benchmarks. 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.