New Jersey Layoffs — October 2023
Employers in New Jersey submitted 11 WARN Act notices in October 2023, putting at risk an estimated 1,865 workers — up substantially from September and up 377% versus October 2022. The average filing covered 170 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 5 | 1,291 |
| Finance & Insurance | 2 | 178 |
| Transportation | 1 | 108 |
| Government | 1 | 107 |
| Information & Technology | 1 | 91 |
| Healthcare | 1 | 90 |
The Manufacturing sector emerged as the hardest-hit sector with 1,291 workers across 5 notices. Separately, Finance & Insurance reported 178 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Somerset | 3 | 1,077 |
| Hunterdon | 1 | 143 |
| Mercer | 2 | 143 |
| Middlesex | 1 | 108 |
| Essex | 1 | 107 |
Somerset absorbed the greatest share of layoffs, accounting for 58% of all affected workers with 1,077 workers across 3 notices.
| City | Notices | Workers |
|---|---|---|
| Gladstone | 2 | 986 |
| White House Station | 1 | 143 |
| Avenel | 1 | 108 |
| Newark | 1 | 107 |
| Clayton | 1 | 104 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Pfizer | Gladstone | 791 | ||
| Pfizer | Gladstone | 195 | ||
| Hunterdon Brewing | White House Station | 143 | ||
| ID Logistics | Avenel | 108 | ||
| GEO Reentry Service | Newark | 107 | ||
| Novelis ALR Rolled Products | Clayton | 104 | ||
| Geico | Cherry Hill | 93 | ||
| Qualcomm | Bridgewater | 91 | ||
| CVS Health | Florham Park | 90 | ||
| Cenlar FSB | Ewing | 85 | ||
| Elementis Global | East Windsor | 58 |
Topping the list was Pfizer at its Gladstone facility, reporting 791 affected workers. Pfizer followed with 195 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
These figures highlight 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.