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.
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 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 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.
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,
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 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 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 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 ...
The government is employing fewer people and they're traveling less. United Airlines could lose millions of dollars.
Government employee travel, which makes up 2% of the company's business, "has fallen off" after the inauguration, United ...
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 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 ...
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 ...
Southwest agrees activist investor Elliott can own up to 19.9% stake until 2026
Southwest is in the midst of a transformation that led it to announce Tuesday the first-ever involuntary layoffs.
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 ...
Aviation Week2d
Daily Memo: The Pros And Cons Of A Potential Southwest-JetBlue Merger
Over the past few days, rumors about a possible merger of Southwest Airlines and JetBlue have been circulating, particularly inside U.S. airline unions. No information has surfaced that suggests ...