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 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 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
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,
Southwest to cut 15% of corporate jobs in first-ever layoffs
The layoffs challenge Southwest’s philosophy that happy employees would lead to happy customers, profitability and happy Southwest shareholders.
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 Airlines makes drastic cost-cutting decision
Southwest Airlines , the fourth-largest airline in the U.S., is on a strict road to recovery after facing significant reputational and financial headwinds over the last few years.
Yahoo Finance5d
Southwest Airlines is slashing 15% of its corporate workforce, its first major layoffs in 53 years
Southwest Airlines (LUV) is eliminating 1,750 jobs ... are part of a plan by the airline to slash costs and transform the company into a “leaner, faster, and more agile organization ...
Houston Chronicle5d
Southwest plans to slash 15% of corporate jobs, the first mass layoffs in its company's history
Texas-based 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 ...
The Baltimore Sun4d
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 ...
Daily Mail5d
Southwest Airlines slashes thousands of jobs in first-ever mass layoff... sparking routes could be cut
Southwest Airlines plans to cut 15 percent of its corporate workforce in a bid to cut costs. The layoffs - a first in the airline's 53-year history - will slash around about 1,750 jobs.