Missouri Layoffs — February 2014
Employers in Missouri filed 2 WARN Act notices in February 2014, impacting roughly 404 workers — representing a notable rise over January. The average filing covered 202 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 2 | 404 |
The Finance & Insurance sector led the way in workforce reductions with 404 workers across 2 notices.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Saint Charles | 1 | 289 |
| Saint Louis | 1 | 115 |
Saint Charles was the epicenter of layoff activity, accounting for 72% of all affected workers with 289 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| St. Charles | 1 | 289 |
| St. Louis | 1 | 115 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 1 | 289 |
| Closure | 1 | 115 |
Closures accounted for 28% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Bank of America | St. Charles | 289 | Layoff | |
| Nationstar Mortgage | St. Louis | 115 | Closure |
The single largest action involved Bank of America at its St. Charles facility, reporting 289 affected workers. Nationstar Mortgage followed with 115 workers.
Trend & Outlook
This marks the third consecutive month of rising layoff activity.
The data underscores 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.