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flag New Jersey saw a sharp rise in layoffs during Q1 2026, with over 4,500 job cuts announced.

flag New Jersey saw a sharp rise in layoffs during the first quarter of 2026, with over 4,500 job cuts announced across the state, according to WARN notices. flag Major financial and technology firms, including JPMorgan Chase, UBS, and Fiserv, led the reductions, with JPMorgan cutting 254 positions and UBS eliminating 103 roles in Weehawken. flag The total number of announced layoffs far exceeds the same period in 2024 and is higher than the full-year total for 2024, marking a significant increase compared to 2025.

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