Major Bank To Lay Off Nearly 60 Workers In Hudson County

HUDSON COUNTY, NJ — Nearly 60 people who work for Citibank in Hudson County will be laid off this fall, according to a notice sent to the state.

A WARN (Worker Adjustment and Retraining Notification) filed in August notified the state of New Jersey that 59 employees will be let go by Oct. 31.

The notice is the third filed this year that affects Citibank workers in North Jersey. The company had filed a notice in June saying they planned to lay off 68 employees in Bergen and Hudson counties by the end of that month.

Before that, they had filed a notice in February saying that 141 employees would be laid off between May 21 and June 14.

The recent notice was not specific about location.

Meaghan Gibson, a spokeswoman for the company, declined to give more details, but told Patch, "We will continue to reduce our headcount globally in 2026. These changes reflect adjustments we’re making to ensure our staffing levels, locations and expertise align with current business needs, efficiencies we have gained through technology, and progress against our Transformation work, which is nearing Citi’s target state."

She added, "We are grateful for the contributions these colleagues have made to Citi."

Citibank has a regional corporate office in downtown Jersey City.

Series Of Layoffs

Dozens of WARN notices have been filed in recent months that affect companies throughout New Jersey.

There were 8,507 layoffs in New Jersey by June, according to WARN notices filed with the state Department of Labor. The number was up 17.9 percent from the first five months of 2025, when 7,216 job losses were announced. READ MORE: Major Store Closures, Job Cuts Hit NJ In 2026

New Jersey's unemployment rate as of June was 4.5 percent, higher than the national total of 4.2 percent for that month, according to the federal government. But the state rate has been on in the decline each month since January, when it was 5.2 percent.

READ MORE: Major Bank To Lay Off Dozens Of Employees In 2 NJ Counties