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 laying off 1,750 corporate workers in 'unprecedented' cost-saving effort
In what it called an “unprecedented” move, Southwest Airlines is cutting 1,750 jobs at its Dallas Love Field headquarters — including 11 senior leadership positions — as it works to cut costs. The cuts amount to about 15% of its corporate workforce.
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.
Southwest Airlines laying off 1,750 corporate workers in cost-saving effort
Dallas-based Southwest Airlines is cutting 15% of its corporate staff, the company announced Monday. The layoffs amount to about 1,750 people; Southwest employs a total of more than 72,000 full-time or full-time equivalent workers.
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 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 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 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 ...
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Southwest Airlines No Longer Ranked Top 3 Global Carrier By Market Value
According to The Street, Southwest has been joined by Atlanta-based Delta Air Lines and European low-cost airline Ryanair as the world’s top three airlines with the highest total value of ...
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Southwest Airlines' Profit Tops Estimate
Operating revenue of $6.93 billion fell slightly short of expectations ... indicating strong demand and solid pricing power. Southwest Airlines exceeded earnings expectations for Q4 2024, but ...