Southwest Airlines makes a harsh cost-cutting move
In the midst of the airline’s financial woes, the company just revealed that it will be making some major changes in an effort to cut costs. According to a new report from CNBC, Southwest Airlines is putting a freeze on corporate hiring and promotions.
Southwest Airlines is pressing pause on hiring and staff rallies to cut costs
Southwest Airlines is cutting costs.It's pausing corporate hiring, summer internships, and a team-building tradition.The move comes after a dispute with the activist firm Elliott Investment Management.
Southwest Airlines pauses corporate hiring, most summer internships to cut costs
In September, the company slashed its flights from Atlanta, eliminating jobs, though staff were able to apply to work out of other bases.
Southwest Airlines Reportedly Halts Corporate Hiring, Suspends Most Summer Internships To Reduce Costs: Retail Turns Bullish
CEO Bob Jordan reportedly told his staff in a note that the firm is halting corporate hiring and promotions, suspending most summer internships, and doing away with some employee team-building events to reduce costs and better margins.
Southwest Airlines is freezing hiring and promotions to cut costs: 'Every single dollar matters'
Southwest Airlines (LUV)’ cost-cutting is taking off in a big way. The seventh-largest airline in the world by revenue said it would pause corporate hiring and promotions and suspend most summer internships.
Southwest expands cost-cutting by pausing corporate hiring
In an effort to cut costs, Southwest Airlines (NYSE:LUV) is pausing corporate hiring and suspending most of its summer internships, according to a memo viewed by CNBC. “We made a lot of progress in 2024,
Southwest Airlines hits pause on corporate hiring, promotions and summer internships to cut costs
Southwest Airlines is hitting pause on corporate hiring, promotions and summer internships to cut costs after months of pressure from an activist investor.
Southwest Airlines pausing corporate hiring and internships: RPT
Southwest Airlines (LUV) is reportedly pausing corporate hiring, summer internship programs, and team-building activities to cut costs, according to CNBC reporting. Catalysts hosts Seana Smith and Madison Mills examine the report and what it means for the budget airline.
US sues Southwest Airlines over chronically delayed flights
President Joe Biden's administration on Wednesday sued Southwest Airlines , accusing the carrier of illegally operating multiple chronically delayed flights and disrupting passengers’ travel.
Southwest Airlines pauses some hirings, internships, and rallies to reduce costs
Southwest said that it will continue to evaluate its hiring needs on an ongoing basis to determine when it makes the most sense to restart hiring.
Southwest halts corporate hiring, employee rallies in ‘cost discipline’ move
Southwest Airlines has stopped hiring corporate workers and is nixing its signature employee rallies as leaders try to cut costs. Amid a vicious fight with an activist investor for control of the company,
Transportation Department Sues Southwest Airlines Over ‘Chronically Delayed Flights’
The Transportation Department accused Southwest Airlines of operating “chronically delayed flights,” according to multiple ...
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The best Southwest credit cards of 2025
Southwest Airlines currently offers flights to 121 airports ... moved to the Southwest Rapid Rewards® loyalty program. Below, CNBC Select details the best credit cards for casual and frequent ...
Citi downgrades Southwest Airlines (LUV) to a Sell
Southwest Airlines (LUV – Research Report) received a Sell rating and a price target from Citi analyst Stephen Trent yesterday. The company’s ...
DOT sues Southwest Airlines for chronically delayed flights
U.S., Arab and Israeli officials all tell CBS News that Israel and Hamas have agreed in principle to a ceasefire and hostage-release deal with final details being hammered out by negotiators in Qatar.
Southwest Airlines pilot accused of DUI is arrested at Georgia airport before flight
A Southwest Airlines pilot was arrested at a Georgia airport and accused of DUI on Wednesday. A TSA officer smelled alcohol ...