AI Generated Image
Mars Wrigley cuts 307 New Jersey jobs to move US headquarters to Chicago
Fox Business • • business
Key Points:
- Mars Wrigley plans to lay off 307 employees and relocate its headquarters from Newark, New Jersey, to an expanded facility in Chicago by mid-October, ending its presence in Newark.
- The company, known for brands like M&M's and Snickers, recently invested $100 million to expand its Chicago operations, where its global headquarters is now based.
- Despite the corporate move, Mars Wrigley will continue operating its manufacturing facility in Hackettstown, New Jersey.
- The New Jersey Business & Industry Association criticized the departure as part of a troubling trend of job losses in the state, urging action to improve the business climate.
- New Jersey has seen significant job losses this year, including other major corporate relocations like Samsung moving to Texas and ExxonMobil changing its state of incorporation from New Jersey to Texas.
