Fulton Bank Cuts Nearly 100 Jobs After Blue Foundry Acquisition
SOURCEOFFICIAL FILINGNew Jersey Department of Labor and Workforce DevelopmentView the filing ↗
What we know
Location: Parsippany, NJ.
Disclosed through an official WARN filing with the NJ state workforce agency.
Summary
The article reports that Fulton Bank cut nearly 100 jobs in Parsippany, New Jersey, following its $243 million acquisition of Blue Foundry Bank. The layoffs were part of a wave of local workforce reductions also including a nearby Embassy Suites hotel that filed a WARN for 54 layoffs. The Fulton Bank cuts are presented as a recent action tied to consolidation after the acquisition, contributing to rising layoffs across New Jersey in early 2026. Specifics such as exact effective dates, affected departments, or severance details were not provided.
Fulton Bank disclosed this layoff in an official WARN (Worker Adjustment and Retraining Notification) notice recorded by the NJ state workforce agency. The notice covers 95 employees in Parsippany, NJ, with the layoff effective July 31, 2026.
That is roughly 2.8% of the 3,400 people Fulton Bank employs.
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