2 Major Parsippany Companies To Lay Off Dozens
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Last updated: May 14, 2026
In Parsippany, New Jersey, two businesses, a hotel and a bank, have announced impending layoffs. These workforce reductions are scheduled to take effect before the end of the summer season. The specific numbers of employees affected have not been fully disclosed by both entities.
- Embassy Suites By Hilton: The hotel, situated at 909 Parsippany Road, is implementing layoffs affecting several dozen employees. The exact number and the specific departments impacted are not yet public. The hotel is part of the Hilton brand.
- Parsippany State Bank: The bank has also announced its intention to lay off staff. Details regarding the number of positions being eliminated and the timing of these reductions are still forthcoming.
- Economic Impact: The layoffs from both the hotel and the bank will have an immediate impact on the local Parsippany economy. The specific reasons for these workforce adjustments have not been detailed by either establishment.
