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 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.
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 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 rose 0.5% Tuesday, after the carrier said it’s cutting 1,750 corporate positions, equal to 15% of that group, as it moves to cut costs and create a leaner organization.
Southwest Will Cut 15% of Corporate Jobs. It’s the Airline’s First-Ever Layoffs.
The airline is looking to save millions of dollars this year and next as it struggles with recent underperformance.
Southwest Airlines announces sweeping layoffs at Dallas headquarters, the first mass layoffs in company history
Southwest Airlines will lay off 1,750 employees at its Dallas headquarters for the first time in its history. DALLAS — For the first time in its 53-year history, Southwest Airlines announced it will be laying off hundreds of workers at its Dallas headquarters.
Southwest Airlines to lay off 15% of its corporate workforce in bid to cut costs
Southwest Airlines is planning to eliminate an estimated 1,750 positions — about 15% of its corporate workforce — in what will mark the company's first major job cuts in its 53-year history.
Southwest Airlines announces layoffs as company faces turmoil
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 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 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 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 ...
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Southwest Airlines now has redeye flights: See the routes
Southwest Airlines has redeye flights for five routes. These redeye flights include Las Vegas to Baltimore and Los Angeles to ...
Low-cost airline returns to Boise Airport. Book soon, flights to Denver start at just $29
This is a great day for Idaho consumers, who will now enjoy affordable and convenient air travel to Denver and the many ...