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Warn

All articles tagged with #warn

business1 hour ago•11 min saved

New Jersey's 2026 Layoff Wave Hits Tech, Pharma, and Retail Giants

A comprehensive roundup of 2026 layoffs across New Jersey, detailing dozens of companies—Verizon, Novartis, JPMorgan Chase, Bristol Myers Squibb, Mars Wrigley, AT&T, Accupac, Citibank, Horizon Blue Cross, Spirit Airlines, Prudential, UBS, Merck, Danone, Acme, Saks, and more—announcing hundreds of job cuts in multiple rounds through mid-to-late 2026, spanning tech, pharma, finance, manufacturing, and retail, signaling broad corporate restructuring across the state.

via New Jersey 101.5|

#business #corporate-downsizing #economy

business3 months ago•3 min saved

Oracle offers up to 26 weeks severance for U.S. laid-off employees

Oracle is offering U.S. laid-off employees up to 26 weeks of severance (four weeks of base pay plus one week per year of service, capped at 26 weeks), with state WARN notice adjustments and a requirement that six months of work in the last year counts as a full year for calculation. Affected staff across Oracle Health, Sales, Cloud, Customer Success and NetSuite were notified early Tuesday, with some reports of being locked out of internal systems. Oracle declined to comment. The package aligns with recent Big Tech severance patterns while varying in components, and Oracle employs about 162,000 people as of May 2025.

via Business Insider|

#benefits #business #layoffs