Tag: New Jersey corporate exodus

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‘Driving Business Away’: Corporate Exodus Sparks Urgency Over New Jersey Tax Policies

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Corporate Exodus: New Jersey Loses 26,000 Jobs as Fortune 500 Giants Are Fleeing New Jersey

the staff of the Ridgewood blog

TRENTON, N.J. — New Jersey’s business climate is facing intense scrutiny following newly released state and federal economic data showing the Garden State lost nearly 26,000 jobs between June and July alone. The sharp decline comes alongside news that major corporate headquarters are trimming operations or leaving the state altogether.

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The Sweet Life Leaves NJ: Candy Giant Mars Wrigley Abandons Newark HQ in Latest Corporate Exodus

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The Sour Truth: Mars Wrigley Abandons Newark HQ as New Jersey’s Corporate Exodus Spikes

the staff of the Ridgewood blog

Newark NJ, The corporate landscape in New Jersey just lost a massive piece of its sweetness. Mars Wrigley, the global confectionery powerhouse behind iconic brands like M&M’s, Snickers, Twix, Milky Way, and Skittles, has officially announced it is leaving its Newark headquarters. The candy titan filed a formal WARN notice indicating it will eliminate 307 local jobs by mid-October, shifting operations following a massive $100 million expansion of its Chicago headquarters.

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