Southwest Airlines to cut 15% of corporate jobs in cost-saving push
Southwest Airlines said Monday that it is cutting about 15% of corporate jobs, or about 1,750 people, a move its CEO called "unprecedented" as the company scrambles to cut costs.
Southwest Airlines is slashing 15% of its corporate workforce, its first major layoffs in 53 years
Southwest Airlines said cuts would come mostly from “corporate overhead and leadership positions.” The company estimated that the job reductions, to be completed by the end of June, will save the company about $210 million this year and roughly $300 million in 2026.
Southwest to cut 15% of corporate workforce
Eleven members of Southwest's senior leadership, holding titles of vice president, are part of the downsizing.
In 'unprecedented' move, Southwest sacks 15% of corporate employees
For the first time in its 53-year history, Southwest Airlines announced mass layoffs that are specifically affecting its corporate workforce. Southwest plans to cut 1,750 jobs, or 15% of its corporate leg.
Southwest Airlines to cut 1,750 corporate positions in first nonvoluntary layoffs in its 53-year history
Southwest Airlines Co.’s stock fell 1% Tuesday after the carrier said it is cutting 1,750 corporate positions, equal to 15% of that group, as it moves to cut costs and create a leaner organization. The cuts will affect senior leadership and directors,
In 'unprecedented' decision, Southwest Airlines to layoff 1,750 employees at Dallas HQ
Southwest Airlines said it will cut 1,750 jobs at its Dallas Love Field headquarters, representing about 15% of its corporate workforce.
Southwest Airlines lays off corporate employees in first ever mass cuts
Southwest Airlines is slashing 15 percent of its corporate workforce, approximately 1,750 employees, as the Texas carrier aims to boost revenues and shrink costs. Mass layoffs haven't been seen at Southwest before,
Southwest Air to cut 15% of corporate jobs in first-ever layoffs
Southwest Airlines Co. will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the carrier’s first layoffs.
Southwest to lay off around 15% of corporate employees
CEO Bob Jordan calls the cuts "unprecedented in our 53-year history" but said they come at "a pivotal moment as we transform Southwest Airlines."
Southwest cutting nearly 1,800 jobs, airline says
Those losing their jobs are reportedly in the airline’s corporate offices, including some 11 senior positions with titles of vice president or higher, according to reports.
Analysis-Southwest's layoffs dent its worker-first culture
Southwest Airlines' first company-wide layoffs in its nearly 54-year history are aimed at shoring up profits, but they run the risk of undermining a company culture of putting employees first that ...
Winter Storm: Airlines Issue Travel Alerts For Thursday Travel
Major airlines are offering waivers as a winter storm is forecast to dump snow in the Northeast and Central Appalachians.
Southwest Airlines announces sweeping layoffs at Dallas headquarters, the first mass layoffs in company history
Southwest Airlines will lay off 1,750 employees at its Dallas headquarters for the first time in its history. DALLAS — For the first time in its 53-year history, Southwest Airlines announced it will ...
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It's official: Southwest Airlines now has redeye flights on 5 routes, with more to come
Southwest Airlines is officially operating redeye flights. The company announced it planned to start operating some routes overnight in July, and the first regularly scheduled redeyes in its 50 ...