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 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
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 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,
It's official: Southwest Airlines now has redeye flights on 5 routes, with more to come
Southwest Airlines announced over the summer that it would begin overnight flights, and now they've taken off.
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Southwest Companion Pass: Everything You Need To Know
Southwest Companion Pass holders can travel with a companion on all Southwest flights at almost no cost. On domestic U.S. flights, travelers only have to pay $5.60 in taxes each way. The ...