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.
What do historic layoffs mean for future of Southwest Airlines?
Southwest (NYSE: LUV) has prided itself avoiding mass layoffs since its founding in 1967, contributing to an acclaimed work culture created by late former CEO and industry visionary Herb Kelleher that kept employees coming back for decades. The abrupt changes have raised questions about the airline's new direction.
Southwest Airlines is cutting 15% of its workforce in its first-ever mass layoff. Read the CEO's full memo to employees.
Southwest Airlines on Monday announced its first mass layoff, saying it would cut about 1,750 employees in a bid to boost profitability.
Southwest Airlines Plans to Cut 15% of Corporate Work Force
The company said the cuts, the first round of broad layoffs in the airline’s 53-year history, would affect mostly corporate employees.
Southwest Airlines to cut 15% of corporate workforce
Southwest Airlines said it will slash 15% of its corporate workforce -- the first mass layoffs in the company's decades-long history -- as the airline looks to cut costs.
How Southwest Airlines layoffs will impact Jackson, MS, airport. Get the details
It was just a few months ago when Jackson-Medgar Wiley Evers International Airport learned that Southwest Airlines would be adding an additional flight to Nashville. Then came the news this week as Southwest Airlines announced it would cut about 15% of corporate jobs,
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 makes drastic cost-cutting decision
Southwest Airlines , the fourth-largest airline in the U.S., is on a strict road to recovery after facing significant reputational and financial headwinds over the last few years.
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 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 Airlines exec key to turnaround effort is leaving
A top Southwest Airlines executive is leaving the troubled carrier, just as it moves to reinvent itself while satisfying the ...
Southwest Airlines transformation chief Ryan Green to step down
Southwest Airlines said on Wednesday its chief transformation officer, Ryan Green, will step down from his role, months after ...
Southwest layoffs: LUV stock price rises as airline slashes corporate workforce in ‘transformational plan’
The low-cost air carrier said the cuts are mostly focused on corporate and leadership roles. Some 1,750 employees are ...
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 ...