Southwest Airlines to slash 15% of corporate jobs in 'unprecedented' move to cut costs
Southwest said it would cut about 15% of its corporate workforce, or 1,750 jobs. The airline has been under pressure to cut costs. CEO Bob Jordan said it was the company's first large-scale layoff. Southwest Airlines said Monday that it is cutting about 15% of corporate jobs,
Southwest plans to slash 15% of corporate jobs, the first mass layoffs in its company's history
Southwest Airlines announced Monday plans to slash 1,750 jobs, which the company's CEO calls an unprecedented decision. The cuts focus on corporate positions, representing 15% of the staff, including senior leadership and directors,
Southwest Airlines is slashing 15% of its corporate workforce, its first major layoffs in 53 years
Southwest Airlines is eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company’s 53-year history.
Southwest Airlines to cut 15% of corporate workforce
Southwest Airlines said it will slash 15% of its corporate workforce -- the first mass layoffs in the company's decades-long history -- as the airline looks to cut costs.
Southwest to lay off 15% of corporate staff in cost-cutting effort
Southwest Airlines cut hundreds of corporate roles, including senior leadership and director positions, as it works to trim its overhead and become a leaner company.
Southwest Airlines To Slash 15% Of Workforce Amid Push For Profitability — 1,750 Corporate Roles Axed
Southwest Airlines Co. announced Monday it will eliminate approximately 1,750 corporate positions, marking the first large-scale layoff in the carrier's 53-year history as it seeks to streamline operations and boost profitability.
Did Southwest Airlines Conduct Mass Layoffs in Preparation for JetBlue Merger? What We Know
The unconfirmed combination could hold benefits for both carriers, but would likely encounter significant regulatory hurdles.
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,
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 layoffs: LUV stock price rises as airline slashes corporate workforce in ‘transformational plan’
The low-cost air carrier said the cuts are mostly focused on corporate and leadership roles. Some 1,750 employees are expected to be laid off. Southwest Airlines has announced that it will lay off 15% of its employees in an effort to reduce costs and maximize its efficiencies.
Southwest Airlines’ First Major Job Cut in 53 Years Is Set to Reduce 15% Staff
Southwest Airlines (LUV) is about to implement its first-ever major job cut in 53 years, reducing 15% of its corporate staff. The layoffs are
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 ...
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Southwest Airlines Just Did One of the Worst Things Any Company Can Do
A ramp agent directs a Southwest Airlines Boeing 737-800 airplane in to a gate at Baltimore-Washington Airport. Photo: Getty Images A long time ago, I got some very good advice about values when ...