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 expands cost-cutting by announcing 15% reduction in corporate overhead workforce
After announcing a couple of decisions in January, including reducing pilot head count at a couple of bases and pause on hiring, Southwest Airlines (NYSE:LUV) on Monday announced slashing about 15% of its corporate jobs or 1,
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.
In 'unprecedented' move, Southwest sacks 15% of corporate employees
For the first time in its 53-year history, Southwest Airlines announced mass layoffs that are specifically affecting its corporate workforce. Southwest plans to cut 1,750 jobs, or 15% of its corporate leg.
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 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 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,
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