N.J. Unemployment Gets More Bad News | State | NewJerseyNewsroom.com -- Your State. Your News.


Mar 29th
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N.J. Unemployment Gets More Bad News

unemployment080112_optBY BOB HOLT

Tweet About This! Four big companies are moving portions of their operations out of New Jersey, and they’re taking a number of jobs with them.

International Technidyne Corp. of Piscataway will be losing the most jobs, with 357.

Also, pharmaceutical company GlaxoSmithKline will be closing its Clifton plant in June, costing 165 workers their jobs. NorthJersey.com reported that the state Department of Labor and Workforce Development’s website has listed 67 layoffs at NCO Financial Systems of Ramsey, and 92 at LexisNexis, headquartered in New Providence.

ITC will be moving to San Diego. According to NJ.com, Kim Ballard of human resources said ITC will be having rolling layoffs over the next year, and will be considering requests from current employees who want to make the move west.

GlaxoSmithKline will be relocating their facility to Oak Hill, New York. According to NorthJersey.com, they said the 165 Clifton employees who are affected by the layoffs will receive 60 days of "non working notice pay" and will also be eligible for two weeks of severance pay for each year of employment.

And NCO Financial Systems said they are looking to transfer their business to another company.

LexisNexis runs an online marketing service for lawyers, according to NJ.com. "Going forward, these roles will be carried out by the El Segundo-based Internet Brands team in California," said LexisNexis Legal and Profession Chief Executive Officer Michael Walsh, according to LTN. "Employees were notified earlier today. This has been a very tough day and we are providing our full support to these individuals as they seek new career opportunities.

On a somewhat brighter note, NorthJersey.com reported that Clifton Mayor James Anzaldi said the city has already heard from two companies interested in taking on the GlaxoSmithKline property. "We have to continue to create new places of employment, to replace the jobs that are not there any more," he said.


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