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Thursday, jan 30
Tag:
Job Creation
Business
AI Workforce Shake-Up: Nearly Half Of Companies Plan Job Cuts Within Years
Nearly half of companies worldwide are planning to cut jobs within the next few years as artificial intelligence (AI) reshapes industries and automates millions of positions, according to a new global report. The World Economic Forum’s "Future of Jobs Report 2025" outlines the seismic shifts AI will bring to the global workforce, revealing both challenges and opportunities: Job Displacement: The report says 41 percent of companies intent to downsize their workforce globally between 2025 and 2030, particularly in industries reliant on routine and manual tasks such as manufacturing, customer …
News
Film Studio Part Of $1 Billion NJ Waterfront Project Will Be Funded By $4.7M Grant
A movie production studio in Carteret got a financial boost from New Jersey through a $4.7 million state grant. It's part of a $1 billion, 10-acre redevelopment project, according to Carteret Mayor Daniel J. Reiman. The project includes a 1.2 million-square-foot movie production studio complex called "Carteret Stages." Five grants totaling $9.5 million were awarded throughout the state as part of the New Jersey Economic Development Authority's Film and Digital Media Studio Infrastructure Program. Nearly half of the state funds went to Carteret to build public access to a former brownfield …
Business
ShopRite Store Coming To Central Jersey Hiring For Hundreds Of Positions
About 300 jobs are being created thanks to the arrival of a new ShopRite in Old Bridge. The new ShopRite is located in the Glenwood Green Shopping Center at Route 9 and Schulmeister Road. The store is set to open in March. Hiring is taking place for all positions including department managers, butchers, deli, bakery, dairy, produce and seafood associates, customer service associates, cashiers and baggers. Perry Blatt, director of E-Commerce and Business Development for Village Super Market, Inc., said, “We look forward to continuing our commitment to the community with a brand new s…
Business
QuickChek Continues North Jersey Expansion With Four New Stores
There are more QuickCheks in the Garden State. QuickChek, a convenience store known for its subs, recently opened a location in Totowa at 809 Riverview Drive at Route 46 West. The 5,670-square foot store opened its doors on Tuesday, May 9. The Totowa location is the fourth QuickChek to open in the last six weeks, including stores in Ridgefield and Union Township. Another location is set to open in Scotch Plains. The new stores create a total of 175 to 225 new local jobs, the company said.
Business
Shake Shack Opens Second Location In Jersey City
Jersey City is fast becoming Shack town. Shake Shack celebrated the grand opening of its new Jersey City location at 318 Grove St. on Thursday, April 27 with a ribbon cutting ceremony and free merchandise to the first 100 customers who showed up. View this post on Instagram A post shared by Historic Downtown Jersey City (@hdsid_jc) This is the second location in Jersey City. Shake Shack has another location at Newport Centre and 14 locations throughout New Jersey. Shake Shack said its new location will create more than 100 jobs. Downtow…
News
$2.7B Project Will Turn Old Atlantic City Airport Into Formula 1 Racetrack
A $2.7 billion development project is set to turn an old Atlantic City airport into a Formula 1 racetrack with condos and stores, officials said. Atlantic City Council gave the go-ahead, by an 8-0 vote, to the project to redevelop Bader Field during a meeting on Wednesday, March 22. Mayor Marty Small Sr. held a ceremony to sign the Memorandum of Understanding with the project's developer, DEEM Enterprises LLC, at Bader Field on Thursday, March 23. "Not only is it a great day, it's a historic day," Small said. "This has been a long time coming." It will give taxpayers relief, and redu…
News
$1B Netflix Production Studio Replacing Long Vacant NJ Property
A Jersey Shore property that has sat vacant for more than a decade will soon be transformed into a nearly $1 billion Netflix production studio. The entertainment company plans on committing $848 million in capital investments to develop the facility on the more than than 292-acre site on the former Fort Monmouth campus in Monmouth County. The "economic engine" is estimated to create more than 1,500 permanent production jobs and more than 3,500 construction-related jobs, Netflix and Gov. Phil Murphy said. Located adjacent to Route 35 in Eatontown and Oceanport, the facility will be split i…
News
Newark Liberty Airport Unveils $2.7 Billion Terminal (
Photos
)
Newark Liberty Airport's brand-new $2.7 billion Terminal A has been officially unveiled. The one million-square-foot terminal replaces the longstanding terminal that opened in 1973. It is New Jersey's largest design project and features state-of-the-art passenger amenities, dazzling artwork, digital technology, dining and retail options provided by 60 regional, national and global brands, including six retailers from Newark, Elizabeth, and Jersey City. Terminal A offers 33 gates to handle larger aircraft, as well as a modernized common-use check-in area, security and baggage claim are…
News
President Biden To Attend Fundraiser At Gov. Murphy's NJ Mansion
President Joe Biden is expected to visit New Jersey ahead of the midterm elections, according to various news reports. Biden will be in the Garden State on Thursday, Oct. 6, to attending a fundraiser at Gov. Phil Murphy's Middletown mansion, according to Bloomberg and NJ Advance Media. Proceeds will benefit the Democratic National Committee’s Grassroots Victory Fund. Biden will also attend an event at IBM’s New York campus in Poughkeepsie, NY that day, and is expected to discuss job creation in the region, according to multiple reports. The president is expected to attend another fund…
News
Lionsgate Production Studio Expected To Bring 600 Jobs To NJ's Largest City
The largest city in New Jersey is about to get some major movie attention and it's going to need a big crew to keep it afloat. Newark Mayor Ras J. Baraka and Governor Phil Murphy recently announced that Lionsgate will be opening a brand new 12-acre TV and film complex in Newark, worth more than $125 million. The facility will be the first "purpose-built studio" in New Jersey to cater specifically for TV and film production, according to a release from Mayor Baraka. The studio is also expected to create more than 600 new jobs with priority going to Newark residents. “Bringing a project o…
News
Amazon Just Opened 3 New Jersey Delivery Stations
Amazon opened three new delivery stations last month in New Jersey. Delivery stations power the last mile of Amazon’s order process and help speed up deliveries for customers. The late July openings include: A 464,000-square-foot facility at 600 Washington Ave., in Carlstadt, A 340,000-square-foot facility at 10 Princess Road in Lawrence Township A 289,000-square-foot facility at 8 B Court South in Edison. Packages are shipped to a delivery station from neighboring Amazon Fulfillment and Sortation Centers, loaded into delivery vehicles and delivered to customers. Combined, the deli…
Business
Amazon Inks Lease On Massive North Jersey 'Last Mile' Delivery Center
Amazon has signed a lease on a 360,000 facility being built on a North Jersey industrial site to be used as a last-mile delivery center. Lincoln Equities Group procured $115 million in industrial build-to-suit construction financing for the facility, expected to be ready in early 2022. Located at the "Highland Cross" industrial site in Rutherford, the state-of-the-art last-mile distribution center will create hundreds of jobs in teh area. Rendering of new Amazon last-mile delivery center in Rutherford.Ford & Associates The property will feature cross-docked loading, 70-plus dock hi…
Business
Chick-fil-A Opening New NJ Location With Drive-Thru
Chick-fil-A is opening yet another New Jersey location. The new store located on West Edgar Road in Linden is set to open on March 10, bringing 120 full- and part-time jobs to the area. Marlon Terrell is the independent franchised owner, and will be responsible for all day-to-day activities of the business. The eatery will be open for drive-thru and take-out only. In celebration of the new restaurant, Chick-fil-A of Linden will be surprising 100 local heroes making an impact in Union County with free Chick-fil-A for a year. Additionally, in honor of the new restaurant opening,…
News
Amazon Fulfillment Center Replacing Vacant Jersey Shore Sears Store
Amazon plans to open another fulfillment center in Central Jersey at the site of a vacant Sears store. The approximately 93,000-square-foot Monmouth County location — at Seaview Square Shopping Center in Ocean Township — is expected to open in October, Mayor Chris Siciliano told NJ Advance Media. “It’s a win-win for us and for Amazon," Siciliano told NJ.com. "It’s really an ideal spot and it will serve the needs of several communities." Amazon customers will be able to pick up packages at the center, which will create up to 200 jobs. Fulfillment centers are used to store inventory like el…
Business
HO HO: Home Depot Distribution Centers Coming To Central Jersey With 400 New Jobs In New Year
Happy New Year, Central Jersey. Home Depot announced on Wednesday that it plans to open two distribution centers in Perth Amboy next year, creating up to 400 new jobs. Home Depot, in a press statement, announced it aims to open a huge 333,000-square-foot flatbed delivery center in Perth Amboy, as well as an order fulfillment center in Middlesex County, also expected to open in 2021. The two new facilities would bring an estimated 400 new jobs to the region, according to the statement. Whether you need plywood, wreaths, N-95 masks or stocking stuffers this holiday season, Home Depot says …
News
Amazon Opens Another North Jersey Facility This Week
Amazon is opening another new delivery station in North Jersey this week. The 640,000 square-foot building Newark facility on Delancy Street will create 100 full- and part-time jobs all paying at least $15 an hour. Hundreds of driver opportunities for Amazon’s Delivery Service Partners and Amazon Flex drivers are also opening up. Last week, Amazon opened a delivery station in West Caldwell, making this the second delivery station to open in Essex County this month. Delivery stations power the last mile of our order process and help speed up deliveries for customers. Packa…
Business
Amazon Hiring 6,900 More New Jersey Workers As Online Shopping Booms
Amazon plans to hire another 6,900 workers in New Jersey, the Seattle-based company announced Monday. The mostly full-time Garden State jobs are among 100,000 new jobs the online-shopping behemoth expects create nationwide, Amazon said. The new employees will be placed in one of the company's 14 fulfillment and sorting centers in the state and three delivery stations. Amazon reported record profits during the most recent quarter of 2020 ending June 30 as more shoppers relied on Amazon during the COVID-19 pandemic to buy groceries and supplies. Amazon currently employs about 34,000 workers…
News
Amazon Opening North Jersey Delivery Station This Week
A new Amazon delivery station will open its doors this week in North Jersey. The West Caldwell facility on Patton Drive is nearly 160,000 square feet, and will create more than 130 full- and part-time jobs. All jobs pay at least $15 an hour (click here to apply). Delivery stations power the last mile of the order process and help speed up deliveries for customers. Packages are shipped to a delivery station from neighboring Amazon Fulfillment and Sortation Centers, loaded into delivery vehicles and delivered to customers. Delivery stations offer entrepreneurs the opportunity to b…
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