New Jersey Layoffs — April 2024
Employers in New Jersey posted 4 WARN Act notices in April 2024, affecting an estimated 305 workers — reflecting a cooling compared to March and down 85% versus April 2023. The average filing covered 76 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 2 | 152 |
| Finance & Insurance | 1 | 91 |
| Education | 1 | 62 |
The Manufacturing sector saw the heaviest impact with 152 workers across 2 notices. On a related front, Finance & Insurance reported 91 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Hudson | 1 | 91 |
| Bergen | 1 | 80 |
| Middlesex | 1 | 72 |
| Mercer | 1 | 62 |
Hudson bore the heaviest burden, accounting for 30% of all affected workers with 91 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Jersey City | 1 | 91 |
| Teaneck | 1 | 80 |
| North Brunswick | 1 | 72 |
| Princeton | 1 | 62 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| JP Morgan Chase Bank | Jersey City | 91 | ||
| Japan Tobacco International USA | Teaneck | 80 | ||
| Cornerstone Building Brands | North Brunswick | 72 | ||
| Ets | Princeton | 62 |
The largest notice was filed by JP Morgan Chase Bank at its Jersey City facility, reporting 91 affected workers. Japan Tobacco International USA followed with 80 workers.
Trend & Outlook
The trends suggest 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.