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 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
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,
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.
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Forgotten Trijets: The Story Of Southwest Airlines' Short-Lived Boeing 727 Fleet
Southwest Airlines once operated a small fleet of Boeing 727-200s ... differed from the original 727-100 in terms of size. Clocking in at 46.68 meters in length, they were more than six meters ...
Southwest Airlines layoffs to save $300M: stock rises, analysts optimistic
Southwest Airlines will cut 1,750 jobs in its first mass layoffs, aiming to save $300 million. Shares rose 2% as investors ...
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United claims ‘world’s largest’ mainline fleet following milestone aircraft delivery
United Airlines boasts that it has overtaken competitors as the world's largest airline by fleet size after taking delivery of its 1,000th "mainline" jet.
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Which Airlines Employ the Most People? A Look at the Top 10 Publicly Traded Carriers
The airline industry is a major global employer, providing jobs. Here’s a look at the top 10 publicly traded airlines by the ...
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Southwest Airlines' Profit Tops Estimate
the airline minimizes operational complexities and costs related to scheduling, maintenance, and training. Recently, Southwest has been focused on optimizing its fleet and route network ...
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Southwest Airlines gets revenue boost on leisure travel, but labor costs weigh on outlook
Southwest Airlines ... part of its large fleet and aircraft order book. Southwest is in the midst of an extensive makeover plan that breaks from a long-held, one-size-fits-all business model ...