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HOME/COMPANIES/NJ/OCT 1, 2023
REPORTED · NEWSPublished Apr 1, 2026

NJ Steel Co. Faces Layoffs Amid Closure Decision

EMPLOYEES AFFECTED
50
EFFECTIVE DATE
Oct 1, 2023

What we know

Location: New Jersey, USA.

Based on news reporting.

Summary

NJ Steel Co. has announced layoffs affecting 50 employees as part of its decision to close operations. The National Labor Relations Board (NLRB) has indicated that the company avoided union negotiations regarding the closure. This decision comes amid broader challenges facing the steel industry, which has seen significant shifts in demand and operational viability. The layoffs are expected to take effect shortly, impacting the workforce in New Jersey. The company has not provided specific details on the future of its remaining operations or potential reemployment opportunities for affected workers.

NJ cut 50 jobs as of October 1, 2023.

LayoffTalk has tracked 35 layoff events at NJ since January 2022, affecting a combined 8,538 employees.

Comments (1)

Anonymous by default. Be kind — people reading this may be going through it right now.

LTLayoffTalk StaffStaff21 hours ago

NJ cut 50 jobs on October 1, 2023. Were you affected, or do you know people who were? How was it handled — severance, notice, which teams? You can post anonymously below.

SOURCE
News reporting
View original source ↗
N
NJ
35
EVENTS TRACKED
10K
AFFECTED SINCE 2022
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CREATED APR 1, 2026LAST UPDATED APR 1, 2026