Peabody Energy cutting staff
ST. LOUIS (KTVI) – St. Louis based Peabody Energy is cutting 250 corporate and regional jobs. Peabody says its taking the step to lower costs and that will save $40 to $45 million dollars per year.
It’s not clear exactly how many people will lose their jobs in St. Louis.
Offices in Evansville, Indiana and Gillette, Wyoming are also closing.
Most of the cuts will happen by the end of the month.