Missouri Layoffs — February 2014

Employers in Missouri recorded 2 WARN Act notices in February 2014, covering approximately 404 workers — marking a sharp increase from January. The average filing covered 202 workers, with 1 closure among the notices.

2
Notices Filed
404
Workers Affected
202
Avg per Notice
1
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance2404

The Finance & Insurance sector accounted for the largest share of job cuts with 404 workers across 2 notices.

Geographic Hotspots

CountyNoticesWorkers
St. Charles1289
St. Louis1115

St. Charles absorbed the greatest share of layoffs, accounting for 72% of all affected workers with 289 workers across 1 notices.

CityNoticesWorkers
St. Charles1289
St. Louis1115

Layoff Type Analysis

TypeNoticesWorkers
Layoff1289
Closure1115

Closures accounted for 28% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Bank of AmericaSt. Charles289Layoff2014-02-13
Nationstar Mortgage LLCSt. Louis115Closure2014-02-11

Leading the list was Bank of America at its St. Charles facility, reporting 289 affected workers. Nationstar Mortgage LLC followed with 115 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The filings reflect mounting pressure on the Missouri labor market, with activity running above both recent and year-ago benchmarks. The Finance & Insurance sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by Missouri. The Worker Adjustment and Retraining Notification (WARN) Act requires employers with 100+ employees to provide 60-day advance notice of mass layoffs and plant closings. Data is updated daily by WARN Firehose. View all Missouri WARN notices, browse layoffs by state, or download the full dataset.

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