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.
International Business Times · 4d
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.
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