American Express Global Business Travel is reducing employment around the world, and some 90 workers in Jersey City could be part of the job cuts.
A federal WARN notice said GBT could lay off or furlough as many as 90 people at its 101 Hudson St. site by October, citing “greatly reduced” travel impacting the business.
A spokesperson for GBT told ROI-NJ in an emailed statement:
“While it is encouraging to see governments gradually reopen their economies where possible, the fact remains that travel patterns and volumes will be different in the short term. American Express Global Business Travel is in a strong financial position. But it is GBT’s responsibility to take action to reset its cost base to make sure it remains fit for purpose in the new era. In doing this, we stick steadfastly to the three core principles we established in our initial response plan: protect our colleagues, support our clients and protect our business.
“As part of this process, we have introduced both voluntary and involuntary employment reduction programs around the world, including in the U.S.”
The spokesperson did not specifically address the New Jersey facility.
Affected workers would be eligible for a supplemental unemployment benefits plan and other benefits such as COBRA health coverage, according to the notice.
WARN notices normally cover mass layoffs or facility closings as part of the Worker Adjustment and Retraining Notification Act of 1989.