The US labor market showed signs of rising strain as employers recorded 1 WARN Act notices in November 2026, Week 4, covering approximately 110 workers. Filings came from 1 states and territories, with an average of 110 workers per notice.
| State | Notices | Workers |
|---|---|---|
| New Jersey | 1 | 110 |
| Industry | Notices | Workers |
|---|---|---|
| Professional Services | 1 | 110 |
The Professional Services sector accounted for the largest share of job cuts with 110 workers across 1 notice.
| Company | Location | Workers | Type |
|---|---|---|---|
| Everest Group | Warren, New Jersey | 110 |
Leading the list was Everest Group in Warren, New Jersey, reporting 110 affected workers.
The Monday after Thanksgiving typically brings skeleton crews and leftover turkey sandwiches. At Everest Group's Warren, New Jersey offices, it brought something else entirely: WARN notices for 110 employees, the only major layoff filing in what became the quietest week for job cuts in recent memory.
Just one WARN notice nationwide. One hundred ten workers. After weeks of mounting layoff announcements across tech and manufacturing, the labor market went nearly silent during the holiday week — a 97% plunge from the same week last year when 20 notices affected nearly 4,000 workers. The question isn't why this week was so quiet, but why Everest Group couldn't wait until December.
Everest Group operates in the professional services sector, an industry that's been quietly hemorrhaging jobs as corporate clients slash consulting budgets and delay discretionary projects. The firm, which provides research and advisory services to enterprises navigating digital transformation, found itself caught between two unforgiving forces: clients demanding deeper cost cuts and a talent market that drove up compensation costs throughout 2025 and early 2026.
The timing suggests urgency beyond normal year-end restructuring. Professional services firms typically announce layoffs in January or February, after bonus payouts and performance reviews. A November 30th WARN date — filed during Thanksgiving week — points to cash flow pressures or client contract cancellations that couldn't wait for a more convenient calendar slot.
Warren sits in Somerset County, part of New Jersey's corporate corridor that has absorbed waves of financial services and consulting relocations from Manhattan. But the same remote work trends that initially benefited suburban office markets are now enabling companies to eliminate expensive Northeast footprints entirely. Everest Group's layoffs may signal broader challenges for New Jersey's professional services cluster as firms question the value of high-cost locations in an increasingly distributed economy.
The relative calm elsewhere suggests many companies front-loaded their layoffs earlier in November or are waiting until December to avoid holiday-week headlines. For the 110 workers in Warren, the timing stripped away even that small courtesy.
This report covers WARN Act filings for Week 4 of November 2026. View the full November 2026 report or download the full dataset.
Get weekly layoff reports in your inbox
Free weekly digest of WARN Act filings and analysis.
