New Jersey Layoffs — November 2024
Employers in New Jersey filed 4 WARN Act notices in November 2024, impacting roughly 396 workers — representing a notable rise over October and down 80% versus November 2023. The average filing covered 99 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 3 | 288 |
| Finance & Insurance | 1 | 108 |
The Manufacturing sector led the way in workforce reductions with 288 workers across 3 notices. In a parallel development, Finance & Insurance reported 108 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Bergen | 1 | 149 |
| Morris | 2 | 139 |
| Essex | 1 | 108 |
Bergen was the epicenter of layoff activity, accounting for 38% of all affected workers with 149 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Englewood Cliffs | 1 | 149 |
| East Hanover | 2 | 139 |
| Newark | 1 | 108 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Unilever | Englewood Cliffs | 149 | ||
| Prudential Financial | Newark | 108 | ||
| Novartis Group | East Hanover | 86 | ||
| Novartis Group | East Hanover | 53 |
The single largest action involved Unilever at its Englewood Cliffs facility, reporting 149 affected workers. Prudential Financial followed with 108 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The data underscores a mixed picture for New Jersey's labor market, with activity diverging between monthly and annual comparisons. 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.