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Merck to cut 88 jobs at Rahway headquarters
Merck will eliminate 88 jobs at its Rahway headquarters as part of a multiyear restructuring and cost-cutting initiative.
Wakefern sales & marketing restructuring to impact nearly 80 jobs
The Keasbey-based retail food co-op will shift the marketing & sales roles internally and to agency partner Quad.
Reckitt Benckiser plans layoffs at new Nutley HQ
Reckitt Benckiser Group plans 57 layoffs at its Nutley headquarters by 2027 as part of restructuring plan focusing on core consumer health brands.
Bristol Myers Squibb to cut 206 more jobs in New Jersey (updated)
The New Jersey cuts come as part of a $2 billion restructuring effort from BMS, and add to more than 1,400 statewide eliminations, so far.
Hain Celestial sells North American snacks unit for $115M
The divestiture aims to reduce debt and increase focus on core food and beverage categories, like tea and yogurt.
Bristol Myers Squibb discloses 247 more layoffs in NJ (updated)
The Lawrenceville-based pharmaceutical giant will eliminate 247 positions in New Jersey as part of a $2B cost-cutting plan tied to a restructuring initiative.
Connell Foley launches new practice with 5 FBT Gibbons attorneys
In addition to creating a corporate restructuring and bankruptcy group, the Roseland-based law firm also opened an office in Delaware.
Prudential realigns senior leadership structure
Under CEO Andy Sullivan, the Newark giant continues to streamline operations and support long-term growth by shaking up its personnel ranks.
TD Bank to close 8 NJ branches in early 2026
The sites will shutter as part of a national plan to streamline operations and expand digital banking services.
Optum to lay off 572 workers, close NJ medical clinics
The UnitedHealth Group subsidiary plans to close dozens locations in the state as part of a restructuring plan. Once a major profit engine, the unit has been under margin pressure due to rising costs, regulatory shifts and operational challenges.
Johnson & Johnson to spin off orthopedics unit as DePuy Synthes
The move to establish the more than $9 billion business as a standalone company follows the 2023 establishment of Kenvue, J&J's former consumer arm.
Layoffs hit Novo Nordisk, Bristol Myers Squibb in NJ
The latest job cuts will affect hundreds as part of broader restructuring and cost-savings efforts.
