New Jersey Sees Fresh Wave of Job Cuts as Telecom, Finance, and Tech Firms Announce Workforce Reductions
New Jersey is experiencing another round of employment reductions as multiple companies have confirmed layoffs that together impact hundreds of workers across different counties in the state. Recent filings show that around 260 employees are expected to lose their jobs as part of scheduled workforce adjustments announced by two major employers.
According to official worker adjustment notices, Verizon Corp Resources Group LLC, based in Basking Ridge, is responsible for the largest portion of the new layoffs. The company has filed two separate notices covering a combined total of 191 employees. The first phase of job reductions will affect 156 workers starting August 7, followed by an additional 35 positions scheduled to be eliminated on September 18. These changes reflect internal restructuring within the organization’s operations in New Jersey.
Another company, Digital Room LLC, an e-commerce printing and marketing business, has also confirmed workforce cuts in the state. The firm plans to reduce 69 positions at its Saddle Brook facility. The affected roles are mainly connected to print production, quality control, and fulfillment operations, indicating a significant operational shift in its local business structure.
These latest announcements come at a time when job cuts have been steadily increasing across New Jersey. Earlier in the same month, AT&T reported plans to eliminate 138 positions at its Cumberland County office, with layoffs scheduled for mid-September, shortly after the Labor Day period. In addition, Citibank has also confirmed 68 job reductions across Bergen and Hudson counties, with those changes expected to take effect in late June.
Other companies have also contributed to the growing list of workforce reductions. UBS Financial Services is planning to cut 65 positions in Weehawken, while pharmaceutical giant Merck & Co. has reported layoffs affecting 88 employees beginning in early September. Furthermore, multiple subsidiaries of Optum, part of UnitedHealth Group, have filed notices for additional job cuts across Basking Ridge, Somerset, and Rutherford.
Altogether, official notices filed during June suggest that 746 layoffs have been disclosed statewide so far this month when combining new and previously announced reductions. These filings are issued under federal worker adjustment requirements, which mandate large employers to provide advance notice of significant layoffs, allowing employees and local authorities time to prepare for workforce changes.
The recent trend highlights continued restructuring across several key sectors in New Jersey, including telecommunications, financial services, healthcare, and manufacturing. While the broader labor market continues to show overall stability, these targeted reductions reflect ongoing adjustments by large corporations responding to operational and economic pressures.
As companies continue to realign their workforce strategies, more filings may follow in the coming weeks, adding to the already significant number of job cuts recorded this month across the state.
Sources:
Company Worker Adjustment and Retraining Notification (WARN) filings
Employer layoff notices submitted in New Jersey state records
Federal Worker Adjustment and Retraining Notification (WARN) Act guidelines