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,
Southwest Airlines says first mass layoff won’t include BWI workers, operations
Southwest Airlines’ plans for its first-ever mass layoff is not expected to include any labor cuts or changes to operations at BWI Marshall Airport.
Southwest Airlines Stock Rises After Company Starts First-Ever Mass Layoff Plan
KEY TAKEAWAYS Shares of Southwest Airlines rose in premarket trading Tuesday after the carrier said it plans to cut 15% of its corporate workforce, eliminating about 1,750 jobs in the first large layoffs in its history.
Southwest Airlines’ Historic Layoffs Come Amid Cost Pressures
Southwest also has embarked on a three-year plan to evolve its offerings, including introducing assigned seating—another first for the carrier—and the creation of an extended legroom product, both of which are designed to bolster the carrier’s revenue.
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,
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.
Southwest Airlines’ First Major Job Cut in 53 Years Is Set to Reduce 15% Staff
Southwest Airlines (LUV) is about to implement its first-ever major job cut in 53 years, reducing 15% of its corporate staff. The layoffs are
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.
NRV Volvo plant plans layoffs
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Chevron plans to lay off 20% of workers in cost-cutting push
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Mortgage insurer FHA to lay off nearly half its workforce
Antonio Gaines, president of AFGE National Council 222, said Tuesday those cuts will also hit the FHA. AFGE National Council ...
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Federal mortgage insurer to lay off nearly half of workforce
The Trump administration is planning to lay off at least 40% of the workers at the federal agency that provides mortgage ...