Southwest plans to slash 15% of corporate jobs, the first mass layoffs in its company's history
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 staff, including senior leadership and directors,
Southwest Airlines to cut 1,750 corporate positions in first nonvoluntary layoffs in its 53-year history
Southwest Airlines Co.’s stock rose 0.5% Tuesday, after the carrier said it’s cutting 1,750 corporate positions, equal to 15% of that group, as it moves to cut costs and create a leaner organization.
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 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 cutting 1,750 jobs
Southwest Airlines on Monday announced it will cut 1,750 jobs in late April in what will be the first round of layoffs in the company’s 53-year history.  “As we continue to work together to
Southwest Airlines announces sweeping layoffs at Dallas headquarters, the first mass layoffs in company history
Southwest Airlines will lay off 1,750 employees at its Dallas headquarters for the first time in its history. DALLAS — For the first time in its 53-year history, Southwest Airlines announced it will be laying off hundreds of workers at its Dallas headquarters.
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 lay off 15% of its corporate workforce in bid to cut costs
Southwest Airlines is planning to eliminate an estimated 1,750 positions — about 15% of its corporate workforce — in what will mark the company's first major job cuts in its 53-year history.
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 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 transformation chief Ryan Green to step down
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Southwest Airlines Stock Rises After Company Starts First-Ever Mass Layoff Plan
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Southwest Airlines says first mass layoff won’t include BWI workers, operations
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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 ...