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It’s part of a 10% workforce reduction in the wake of a strike that halted production for seven weeks and an almost $6 billion third quarter loss.
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The aerospace giant declined to say how many workers received layoff notices, but local union officials told the St. Louis Business Journal that 111 union workers will be affected.
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The daily newspaper will be printed by a press in Columbia owned by a rival newspaper company. The move is the latest in a series of cost-saving measures that included newsroom layoffs last month.
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Boeing has been losing money for over five years and is now dealing with a strike that has shut down factories in the Seattle area. Details about how this move might impact St. Louis jobs have yet to be announced.
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The cost-saving measures enacted by the private Clayton-based university will reduce the next two fiscal year's budgets by more than $2 million combined.
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NPR moved this week to cut 10% of its staff and stop production of a handful of podcasts, including Invisibilia, Louder Than a Riot and Rough Translation.
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ROLLA — The financial impact of the coronavirus and resulting cuts in state funding has led Missouri University of Science and Technology to cut more than…
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Mercy Health plans to lay off workers in many of its departments because the coronavirus crisis has cut its revenues. The Chesterfield-based health system…
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Big businesses have more resources than mom-and-pop shops to withstand the economic downturn brought on by the coronavirus pandemic, but they’re beginning…
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Monsanto announced Wednesday it would shed 2,600 employees in the next 18 to 24 months as the company deals with declining seed sales.The seed giant…