In 2026, 5 companies headquartered in New Jersey have cut a combined 15,982 jobs.
| Company | People Cut | % of Workforce | Industry | Category |
|---|---|---|---|---|
| Cognizant | 15,000 | 4% | Tech | AI-DRIVEN |
| Bristol Myers Squibb (Feb) | 247 | 0.7% | Healthcare & Pharma | COST CUT |
| Horizon BCBS NJ | 242 | 5% | Healthcare & Pharma | COST CUT |
| Bristol Myers Squibb (Apr 22) | 206 | 0.6% | Healthcare & Pharma | COST CUT |
| Merck | 147 | 0.2% | Healthcare & Pharma | WEAK DEMAND |
| Arrow Fastener | 140 | 35% | Manufacturing | RESTRUCTURE |