Southwest to cut 15% of leadership staff ahead of CFO shift
The “unprecedented” layoffs of senior and corporate leaders come as Breeze Airways alum Tom Doxey gears up to take Southwest’s CFO seat.
Southwest to lay off 15% of its corporate staff, including senior leadership
Southwest Airlines said Monday it will cut 15% of its corporate workforce, or 1,750 people — the first mass layoffs in the company’s history.
Southwest Airlines To Cut 1,750 Jobs In First-Ever Mass Layoffs
Southwest anticipates these job cuts will save $210 million in 2025 and $300 million in 2026. However, the company will also incur a one-time expense of $60 million to $80 million for severance and other related costs.
Southwest Airlines to cut 15% of corporate jobs as part of cost-saving plan
Southwest Airlines said on Monday it would cut about 15% of corporate jobs, or about 1,750 roles, as the U.S. budget carrier looks to reduce costs and streamline its organizational structure.
Southwest Airlines to cut 15% of corporate jobs
Southwest Airlines said today it would cut about 15% of corporate jobs, or about 1,750 roles, as the U.S. budget carrier looks to reduce costs and streamline its organizational structure. The reduction also includes leadership positions,
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
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 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,
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