You are the owner of this article.
Security firm employees expected to keep jobs despite layoff notice

Security firm employees expected to keep jobs despite layoff notice

Subscribe today: $3/3 months

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.

Weekday updates on the latest news in the St. Louis business community.




Steve Giegerich is a reporter for the St. Louis Post-Dispatch.

Related to this story

Most Popular

Get up-to-the-minute news sent straight to your device.

Topics

News Alerts

Blues News

Breaking News

Cardinals News

Daily 6

National Breaking News

Sports