The Missouri Department of Economic Development posted a mass layoff notice for 449 employees of MVM Inc. earlier this week. The employees are supervised from offices located in St. Louis County and Kansas City.
The layoffs are scheduled for May 31.
But a representative of a Virginia-based firm that provides security for federal offices in four Midwest states said Tuesday he expects the guards and other personnel will keep their jobs when a new company assumes responsibility for the buildings later this spring.
MVM employs 3,500 globally in a variety of global security positions.
The layoff notice grew out of the loss of a MVM contract to guard Social Security, Internal Revenue Service and other federal offices in Iowa, Missouri, Nebraska and Kansas, said Paul Maltagliati, the company's director of federal security.
Maltagliati said the firm that landed the new security contract, Vendtech Enterprise LLC, is expected to retain the MVM workforce.
Vendtech is headquartered in Wichita.