Southwest Airlines to cut 15% of corporate jobs as part of cost-saving plan
The layoffs, which the company expects to complete by the end of the second quarter, are estimated to net $210 million in savings this year.
Southwest Airlines to shed 15% of corporate jobs in cost cuts drive
STORY: Southwest Airlines is cutting 15% of corporate jobs, or about 1,750 roles. The budget carrier announced the move Monday, saying it wants to reduce costs and streamline its organization. That will include trimming senior management,
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 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 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 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 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.
What pilots say could have caused a Delta plane to go belly-up
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Major US airlines challenge Biden-era DOT wheelchair accessibility rule
The DOT's Biden-era rule protecting travelers with mobility devices is being brought to court by major U.S. airlines.
Frontier, JetBlue And Southwest Navigate Industry Primed For Mergers
Key executives from Frontier Airlines, JetBlue Airways and United Airlines all appeared at a Barclays conference in Miami.
Southwest Airlines layoffs to save $300M: stock rises, analysts optimistic
Southwest Airlines’ share price was rising in pre-market hours as the airline announced plans to cut 1,750 corporate jobs, ...
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Airlines push back on new federal protections for passengers with disabilities
The new regulations were welcomed by disability advocates. Airlines damage thousands of wheelchairs and mobility devices each ...
Airlines look to remove consumer protections for travelers who use wheelchairs
Trade group for American, Delta, JetBlue, Southwest and United say carriers are mishandling fewer passenger wheelchairs.
Southwest Airlines Could Fly High On Demand Growth, But Needs To Improve Margins
Southwest Airlines' gross and net income margins could use improvement vs. peers, as well as its dividend growth trend. See ...