Thread regarding Prudential layoffs

Not over yet, more to come

New NJ warn notice
Additional 145 Prudential layoffs scheduled:
04/15/24 through 06/28/24 , 07/2/24, 07/31/24, 09/01/24, 09/30/24

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| 2133 views | | 8 replies (last October 11)
Post ID: @OP+1sEdnfwC

8 replies (most recent on top)

Wouldn’t be surprised. Probably big changes due at top. Maybe even pgim?

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Post ID: @2iqie+1sEdnfwC

more layoffs in january 2025? who?? where??? departments affected???

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Post ID: @2fuux+1sEdnfwC

It will keep going on the next 2 years, all part of the plan

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Post ID: @21uxa+1sEdnfwC

Any other areas retain employees that are impacted by MC and they stay on until end of year? HR is providing the option to some groups. MC impacted employees are gossiping about current employees that took over their responsibilities and creating false complaints about current employees. Management continues to do nothing. It’s creating a toxic culture.

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Post ID: @Gfuc+1sEdnfwC

Still not over. :(
Latest update as of 6/28 ....

According to a June WARN notice filing with the state, the move will affect 146 positions.

In February, the Fortune 500 company revealed plans to cut 145 New Jersey jobs between April and September of this year. The new notice lists effective dates between July 16 and Sept. 20, 2024, as well as Jan. 6, 2025."

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Post ID: @Dftk+1sEdnfwC

Next round is June 20/21

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Post ID: @imnl+1sEdnfwC

As of May 14, 2024, Prudential Financial plans to lay off 56 employees at its Newark headquarters on three separate dates in 2024: June 21, September 30, and December 31. In February 2024, Prudential also announced plans to lay off 145 employees, in addition to the 243 senior positions that were cut in November 2023. In February, Prudential also made cuts at Assurance IQ that affected 19% of its workforce.

northjersey.com
Prudential Financial in Newark to lay off 56 employees
May 14, 2024 — Finance giant Prudential is letting go of 56 employees at its headquarters in Newark, the Fortune 500 company said in state filing with labor officials. The layoffs will be across three separate dates in 2024 — June 21, Sept. 30 and Dec. 31 — state filings show.

ROI-NJ
Prudential Financial to let go of 145 employees | ROI-NJ
Feb 22, 2024 — Prudential Financial to let go of 145 employees | ROI-NJ. Create an account. Home Finance. Finance. Prudential Financial to let go of 145 employees. By. ROI-NJ Staff(Newark) February 22, 2024. File photo. Prudential Financial, which let go of 243 senior positions last November, intends to lay off 145 more this year, according to a WARN notice the company recently posted. It is unclear how many of the positions are based in New Jersey — or what level the employees being released are at in the company.

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Post ID: @isne+1sEdnfwC

This is back from march.

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Post ID: @1ypx+1sEdnfwC

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