GEODIS Logistics, a global transport and logistics company, will lay off another 334 workers at its Monroe Township distribution facility this summer bringing the total number of job losses there to 426, according to a WARN notice filed with the state this month.
GEODIS Logistics previously announced it was laying off 92 workers in Monroe effective April 27. The latest March WARN Notice impacts 334 remaining workers at that location who will lose their jobs on July 31 when the distribution facility on Costco Drive will close.
Freight Waves, a media company providing news and data for the global supply chain, trucking, and logistics industries, was told by GEODIS spokesperson Lauren McKirgan that the Monroe facility was closing because a key customer had moved its operations to GEODIS facility in eastern Pennsylvania.
Other companies recently announcing major workforce reductions in New Jersey, include the pharmaceutical company Novartis, which intends to lay off 427 workers at its East Hanover U.S. headquarters between June 13 and Oct 24, according to the WARN notice filed in March.
Last year, the company had announced 139 job cuts scheduled to take place between Feb. 7 and Aug. 28, according to a WARN notice filed in November.
The workforce reduction is because of changes Novartis is making to its cardiovascular commercialization model a company spokesperson told the industry publication Fierce Pharma. A key combination patent on Novartis’ drug Entresto —known generically as sacubitril and valsartan—is set to expire in July, and the drug could lose U.S. market exclusivity in mid-2025.
JOANN fabric stores, an Ohio-based retail chain that filed for bankruptcy and is now conducting going-out-of-business sales nationwide, filed a WARN notice in March that 262 New Jersey employees in Atlantic, Bergen, Burlington, Camden, Gloucester, Mercer, Middlesex, Monmouth, Morris, and Ocean counties would lose their jobs between May 29 and June 12.
Other major layoffs announced in 2025 can be found here on the state’s March WARN notices.