New Jersey Layoffs — February 2026, Week 1
Employers in New Jersey filed 21 WARN Act notices in February 2026, Week 1, impacting roughly 2,014 workers. The average filing covered 96 workers, with 0 closures among the notices.
21
Notices Filed
2,014
Workers Affected
96
Avg per Notice
0
Closures
Labor Market Snapshot — New Jersey (DOL/BLS)
5.4%
Unemployment
(December 2025)
8,114
Initial Claims
(2026-03-07 wk)
2.8%
Insured Unemp. Rate
(2026-03-07 wk)
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Retail | 5 | 373 |
| Finance & Insurance | 2 | 237 |
| Wholesale Trade | 1 | 236 |
| Healthcare | 3 | 182 |
| Manufacturing | 1 | 140 |
| Transportation | 1 | 120 |
| Arts & Entertainment | 1 | 97 |
| Professional Services | 1 | 57 |
The Retail sector led the way in workforce reductions with 373 workers across 5 notices. In a parallel development, Finance & Insurance reported 237 workers.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Bristol Myers Squibb | Lawrence Twp | 247 | ||
| Hudson News Distributors | Parsippany | 236 | ||
| Citibank | 141 | |||
| Arrow Fastener | Saddle Brook | 140 | ||
| Optum Medical Care | Secaucus | 122 | ||
| JPMorgan Chase | Jersey City | 120 | ||
| Scudetto Logistics | Trenton | 120 | ||
| Target | 107 | |||
| IPIC Theaters | Fort Lee | 97 | ||
| Valley National Bank | Morristown | 96 | ||
| Imperia Foods | Fairfield | 82 | ||
| Macy's | 79 | |||
| Acme | Sussex | 71 | ||
| Integra Life Sciences | Princeton | 65 | ||
| Eddie Bauer | Bergen | 58 |
The single largest action involved Bristol Myers Squibb at its Lawrence Twp facility, reporting 247 affected workers. Hudson News Distributors followed with 236 workers.
This report covers WARN Act filings in New Jersey for Week 1 of February 2026. View the national Week 1 report or view the full February report for New Jersey.