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JPMorgan Chase, Facebook owner Meta and British bank Barclays announced they are also letting go of staff in the Garden State this year.
Meta will lay off 74 employees in New Jersey effective August 20, 2024.
KEY POINTS
- JPMorgan Chase is laying off 305 Jersey City employees in three rounds through August 2024.
- Novartis is cutting 250 jobs at its East Hanover U.S. headquarters in New Jersey by November 2024.
- Barclays plans to lay off 64 Whippany employees between August 10 and September 10, 2024.
- Goldman Sachs projects 6%-7% global job losses from AI over the next decade.
COMPANIES
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