Hundreds Of NJ Workers To Be Laid Off From These Major Corporations This Year

Hundreds of New Jersey workers will be out of a job this year as several major companies slash their workforces, according to state WARN (Worker Adjustment and Retraining Notification) filings.

Walmart will be laying off hundreds of employees this year in New Jersey.
Photo Credit: *Google Maps*

Cecilia Levine

04/10/2025 12:15 p.m.

From retail giants to pharmaceutical leaders, the layoffs span multiple sectors and impact communities across the state.

Here’s what’s coming:

Walmart – Hoboken

Effective date: June 13, 2025
Employees impacted: 481
The notice was posted in February.

Bristol Myers Squibb – Lawrence Township

Effective dates: May 22, June 6, June 20, and Aug. 1, 2025
Employees impacted: 223
Layoffs at the pharmaceutical giant will be staggered over several months.

Novartis – East Hanover

Effective dates: June 13 to Oct. 24, 2025
Employees impacted: 427
Hundreds are expected to lose their jobs in waves through the fall at the East Hanover facility.

JoAnn Stores – Support Center Employees

Company HQ: Hudson, OH
Employees affected in NJ counties: Atlantic, Bergen, Burlington, Camden, Gloucester, Mercer, Middlesex, Monmouth, Morris, and Ocean
Effective dates: May 29 to June 12, 2025
Employees impacted: 262

JPMorgan Chase – Jersey City

Effective date: June 23, 2025
Employees impacted: 145
One of the nation's largest banks is cutting more than 100 jobs in its Jersey City office.

The layoffs were listed on New Jersey’s official WARN notice website, which tracks large-scale employment changes that affect 50 or more workers.

Employers are required to provide advance notice to give workers time to prepare for job loss and transition support.

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