Hudson Regional Health has filed a Worker Adjustment and Retraining Notification (WARN) affecting 967 employees at its Bayonne facility, according to state labor records reviewed by NJBIZ. The notice, required for mass layoffs under New Jersey law, indicates terminations will begin within 60 days.
The healthcare provider operates a 278-bed hospital and multiple outpatient centers in Hudson County. Analysts suggest the move may reflect broader financial pressures facing regional hospitals, with six New Jersey facilities closing since 2020 according to state health department data.
“WARN notices often precede restructuring efforts rather than complete shutdowns,” noted a healthcare economist at Rutgers University who requested anonymity due to ongoing consulting work with industry stakeholders. “But this scale of reduction would represent nearly half their workforce based on CMS staffing reports.”
Bayonne officials expressed concern about the potential ripple effects, with the hospital accounting for 4.2% of the city’s employment base per 2023 Census Bureau estimates. The state labor department confirmed receiving the filing but declined to comment on specifics.
Market observers will watch for Q2 financial disclosures from parent company HRH Holdings, whose bonds were downgraded to BB- by S&P Global Ratings last November.