Southwest Airlines’ First Major Job Cut in 53 Years Is Set to Reduce 15% Staff
Southwest Airlines (LUV) is about to implement its first-ever major job cut in 53 years, reducing 15% of its corporate staff.
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 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 ...
Southwest layoffs: LUV stock price rises as airline slashes corporate workforce in ‘transformational plan’
Discount US air carrier Southwest Airlines said it will lay off around 1,700 workers, mostly corporate and leadership ...
Southwest Airlines Stock Rises After Company Starts First-Ever Mass Layoff Plan
Shares of Southwest Airlines are rising in premarket tradin, after the carrier said it plans to cut 15% of its corporate ...
Texas Monthly1d
Where Did Our LUV Go?
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's layoffs dent its worker-first culture
Southwest Airlines' first company-wide layoffs in its nearly 54-year history are aimed at shoring up profits, but they run ...
Southwest Airlines Co. (NYSE:LUV) Given Average Rating of “Reduce” by Brokerages
Southwest Airlines Co. (NYSE:LUV – Get Free Report) has earned a consensus rating of “Reduce” from the eighteen ratings firms ...
DAL, UAL, or LUV: Which Airline Stock Is Wall Street’s Best Pick?
The recently reported quarterly results of major airlines reflected strong travel demand despite a hike in airfares. Moreover, lower jet fuel ...
18,117 Shares in Southwest Airlines Co. (NYSE:LUV) Purchased by Strategic Financial Concepts LLC
Strategic Financial Concepts LLC acquired a new stake in Southwest Airlines Co. (NYSE:LUV – Free Report) during the 4th ...