New Jersey Layoffs — February 2026, Week 1
Employers in New Jersey recorded 24 WARN Act notices in February 2026, Week 1, covering approximately 2,147 workers. The average filing covered 89 workers, with 0 closures among the notices.
24
Notices Filed
2,147
Workers Affected
89
Avg per Notice
0
Closures
Labor Market Snapshot — New Jersey (DOL/BLS)
4.9%
Unemployment
(March 2026)
7,981
Initial Claims
(2026-04-25 wk)
2.66%
Insured Unemp. Rate
(2026-04-25 wk)
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Retail | 6 | 374 |
| Professional Services | 4 | 362 |
| Finance & Insurance | 3 | 357 |
| Manufacturing | 3 | 336 |
| Wholesale Trade | 1 | 236 |
| Healthcare | 3 | 182 |
| Transportation | 1 | 120 |
| Arts & Entertainment | 1 | 97 |
The Retail sector accounted for the largest share of job cuts with 374 workers across 6 notices. At the same time, Professional Services reported 362 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 | ||
| Arrow Fastener Saddle | Saddle Brook | 131 | ||
| 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 |
Leading the list was 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.