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 Airlines to Slash Corporate Workforce in First Mass Layoff
The cuts are a first for Southwest, which hadn’t previously conducted a mass layoff in its 53-year history. They mark one of the most tangible signs of a shift in the airline’
Southwest Airlines is cutting 15% of its workforce in its first-ever mass layoff. Read the CEO's full memo to employees.
Southwest Airlines on Monday announced its first mass layoff, saying it would cut about 1,750 employees in a bid to boost profitability.
Southwest Airlines is slashing 15% of its corporate workforce, its first major layoffs in 53 years
The Dallas-based airline said Monday that the job cuts would be focused almost entirely on “corporate overhead and leadership positions,” including senior leadership and directors.
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.
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,
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 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.
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Southwest Airlines says first mass layoff won’t include BWI workers, operations
Southwest Airlines’ plans for its first-ever mass ... Dallas-based Southwest said Monday it plans to slash its workforce by about 1,750 jobs, nearly all of which are expected to be corporate ...
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Southwest Airlines to slash workforce in first mass layoff
DALLAS — For the first time in 53 years, Southwest Airlines is undergoing mass layoffs. The Dallas-based company will lay off over 1,000 people, or one out of seven employees, at its corporate ...