Southwest Airlines cuts almost a fifth of its workforce in company's first mass layoffs
Southwest Airlines plans to cut 1,750 jobs or 15 percent of its corporate workforce, in the US carrier's first company-wide layoffs in its 54-year history. The Dallas-based airline said Monday that the job cuts would be focused almost entirely on “corporate overhead and leadership positions,
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 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 slash 15% of corporate jobs in 'unprecedented' move to cut costs
Southwest said it would cut about 15% of its corporate workforce, or 1,750 jobs. The airline has been under pressure to cut costs. CEO Bob Jordan said it was the company first large-scale layoff. Southwest Airlines said Monday that it is cutting about 15% of corporate jobs,
Southwest to cut nearly 1,750 jobs
Southwest Airlines Co. will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the first job reduction in the carrier's history.
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 to shed 15% of corporate jobs in cost cuts drive
STORY: Southwest Airlines is cutting 15% of corporate jobs, or about 1,750 roles. The budget carrier announced the move Monday, saying it wants to reduce costs and streamline its organization. That will include trimming senior management,
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.
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 around 15% of corporate employees
CEO Bob Jordan calls the cuts "unprecedented in our 53-year history" but said they come at "a pivotal moment as we transform Southwest Airlines."
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.
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