Southwest Airlines’ Historic Layoffs Come Amid Cost Pressures
Southwest also has embarked on a three-year plan to evolve its offerings, including introducing assigned seating—another first for the carrier—and the creation of an extended legroom product, both of which are designed to bolster the carrier’s revenue.
Southwest Airlines to cut 15% of corporate jobs as part of cost-saving plan
Southwest Airlines said on Monday it would cut about 15% of corporate jobs, or about 1,750 roles, as the U.S. budget carrier looks to reduce costs and streamline its organizational structure.
Southwest Airlines slashing 15% of corporate workforce
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 slash workforce in first mass layoff
Southwest Airlines announces layoffs impacting over 1,000 employees at its Dallas headquarters for the first time in 53 years.
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.
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 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.
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 exec key to turnaround effort is leaving
A top Southwest executive is leaving the troubled carrier, just as it moves to reinvent itself while satisfying the demands ...
Southwest Airlines transformation chief Ryan Green to step down
Southwest Airlines said on Wednesday its chief transformation officer, Ryan Green, will step down from his role, months after ...
Hosted on MSN9d
A New Study Might Change How Airlines Approach People With Food Allergies
New research on allergies and air travel has revealed information that could change how airplanes approach people with food ...