New Jersey Layoffs — February 2024
Employers in New Jersey logged 9 WARN Act notices in February 2024, involving roughly 961 workers — falling below January and down 49% versus February 2023. The average filing covered 107 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 4 | 424 |
| Finance & Insurance | 1 | 145 |
| Retail | 1 | 129 |
| Wholesale Trade | 1 | 100 |
| Professional Services | 1 | 84 |
| Government | 1 | 79 |
The Manufacturing sector dominated layoff filings with 424 workers across 4 notices. Meanwhile, Finance & Insurance reported 145 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Mercer | 2 | 290 |
| Essex | 2 | 245 |
| Hudson | 2 | 208 |
| Bergen | 2 | 167 |
| Somerset | 1 | 51 |
Mercer felt the sharpest impact, accounting for 30% of all affected workers with 290 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Lawrence Twp | 2 | 290 |
| Newark | 1 | 145 |
| Secaucus | 1 | 129 |
| West Caldwell | 1 | 100 |
| Montvale | 1 | 84 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Bristol Myers Squibb (BMS) | Lawrence Twp | 223 | ||
| Prudential Financial | Newark | 145 | ||
| Ashley Stewart | Secaucus | 129 | ||
| Fresh Pro Food Distributors | West Caldwell | 100 | ||
| Flight Centre Travel Group (USA) | Montvale | 84 | ||
| Sealed Air | Saddle Brook | 83 | ||
| CWS (Church World Service, Inc.) | Jersey City | 79 | ||
| Bristol Myers Squibb (BMS) | Lawrence Twp | 67 | ||
| Kenvue | Skillman | 51 |
The biggest impact was at Bristol Myers Squibb (BMS) at its Lawrence Twp facility, reporting 223 affected workers. Prudential Financial followed with 145 workers.
Trend & Outlook
This data points to a easing in workforce disruptions across New Jersey, with filings falling below both recent and year-ago levels. 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.