Location: Parsippany, NJ.
Based on news reporting.
Fulton has announced the elimination of 95 jobs in Parsippany following its acquisition of Blue Foundry. This decision reflects the company's restructuring efforts post-acquisition, aiming to streamline operations and reduce costs. The layoffs are part of a broader strategy to integrate the new acquisition effectively. Employees affected by this decision will be notified shortly, and the company is working to support those impacted during this transition. The layoffs are a significant move for Fulton as it navigates the challenges of merging operations and aligning workforce needs.
Parsippany cut 95 jobs as of October 1, 2023.
LayoffTalk has tracked 8 layoff events at Parsippany since October 2023, affecting a combined 1,264 employees.
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