St. Louis, MO. - While the unemployment rate in the St. Louis region remains historically low around 2.9%, not all workers in the metro have been so lucky in 2023.
For example, a growing number of companies have announced layoffs in an effort to cut costs amid an increasingly challenging economic picture. In fact, multiple employers have cut several hundred jobs this year.
In short, here are 10 St. Louis companies reducing employment counts.
1. DHL eCommerce
The logistics firm DHL eCommerce announced that the company was closing its St. Louis facility last spring. The job losses totaled 75.
2. Bon Appetit Management Company
Back in March, this major food services company shed 342 jobs. This was reportedly due to losing a contract.
3. Windsor Estates
Many people likely consider healthcare a solid industry, regardless of the economic conditions. However, Windsor Estates announced that it was closing the company's St. Charles location, eliminating 85 jobs.
4. GKN Aerospace
As mentioned, some St. Louis area employers have reduced headcounts by several hundred this year. GKN Aerospace is one of those companies.
Earlier in the summer, the firm announced the closure of its Hazlewood facility, which resulted in 715 job losses.
5. WestRock Company
Later in July, the WestRock Company slashed 52 jobs. This was due to a closure.
6. South City Hospital
Another healthcare provider to make the list. South City Hospital in St. Louis, just cut 563 jobs earlier this month.
7. EDP Enterprises, Inc.
Just down the road in Pulaski County, EDP Enterprises lost its food service contract with Fort Leonard Wood. This results in 948 workers losing their jobs, many of which likely live in the St. Louis metro.
8. Armstrong Teasdale
Even professional roles haven't been spared from layoffs this year. For example, the Armstrong Teasdale law firm just announced 16 local staff members, including lawyers, would be losing their jobs.
Chesterfield-based Amdocs recently announced that the company was reducing its workforce by 3%, or around 700 jobs. However, it's unclear how many employees in the St. Louis area will be impacted by these job cuts.
10. Yellow Freight
Finally, over 500 local truck drivers are out of a job, following the bankruptcy of Yellow Freight at the end of last month.