Prudential Insurance Company of America

Prudential Insurance Company of America notified New Jersey state officials that it plans to eliminate 125 jobs at its Newark location, with the layoffs scheduled to take effect between Nov. 28 and Dec. 31. The notice was filed with the state Department of Labor and represents an additional round of cuts after earlier notices this year for 53 and 89 workers in Newark. The article notes Prudential is selling two of its three buildings in the city but says it is not leaving Newark. The timeline given in the notice covers late November through the end of December, though no single specific calendar day is specified for the cuts.

Prudential Insurance Company of America filed a WARN notice reporting planned layoffs in Newark affecting 125 workers with an effective period listed as Nov. 28 through Dec. 31, 2026. The company said it will sell two of its three Newark office buildings and consolidate headquarters operations into Prudential Tower, while stating there are no immediate staffing changes tied to the real-estate consolidation. The WARN filing is one of three notices this year tied to Prudential, and nj.com reported the three notices together cover 267 Newark jobs. Prudential framed the move as a consolidation of its physical footprint while reaffirming Newark as its global headquarters and said the transition will take several years. The article provides the WARN-count and timeframe but does not specify affected departments or additional details about severance or individual layoffs.