Southwest Airlines is caving further to pressure from minority stakeholder Elliott Investment Management, which has been ...
Southwest had the equivalent of 72,450 full-time employees at the end of 2023. With cuts focused on corporate workers, the ...
CEO Bob Jordan called the cuts "unprecedented in our 53-year history" but said they come at "a pivotal moment as we transform ...
The company's first involuntary staff cuts come amid dramatic changes forced by investors. But can it soar by acting more like competitors it long outperformed?
Southwest Airlines' first company-wide layoffs in its nearly 54-year history are aimed at shoring up profits, but they run ...
The layoffs, which the company expects to complete by the end of the second quarter, are estimated to net $210 million in ...
Southwest Airlines said Monday it will cut 15% of its corporate workforce, or 1,750 people — the first mass layoffs in the ...
Southwest’s previous chief financial officer Tammy Romo and chief administration officer Linda Rutherford will retire from their positions in April 2025.The shakeup goes beyond corporate leadership.
His exit follows the departures of Chief Financial Officer Tammy Romo and Chief Administration Officer Linda Rutherford. Since 1971 when the airline started operations, it has operated with a ...