Southwest Airlines to Cut 15 Percent of Corporate Staff in Mass Layoff
Southwest Airlines' reduction will account for about 15 percent of corporate positions, including senior leadership and directors.
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.
Dallas-based Southwest Airlines announces mass layoffs, cutting 15% of corporate workforce
DALLAS — Southwest Airlines has announced an "unprecedented" mass layoff, cutting over 1,700 jobs. Monday, Southwest announced it is cutting 15% of its corporate and leadership workforce. "This decision is unprecedented in our 53-year history," Southwest President and CEO Bob Jordan said in a statement.
Southwest Airlines is slashing 15% of its corporate workforce, its first major layoffs in 53 years
The Dallas-based airline said Monday that the job cuts would be focused almost entirely on “corporate overhead and leadership positions,” including senior leadership and directors.
Southwest Airlines to cut 15% of corporate jobs in cost-saving push
Southwest Airlines said Monday that it is cutting about 15% of corporate jobs, or about 1,750 people, a move its CEO called "unprecedented" as the company scrambles to cut costs.
Dallas-based Southwest Airlines is laying off 1,750 employees
Dallas-based Southwest Airlines announced Monday that it’s laying off 15% of its corporate employees. About 1,750 employees will be affected, according to a release from the airline. Eligible employees will continue to receive salary and benefits until April. They’ll also receive severance pay and help to find new jobs.
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 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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