Southwest Airlines to cut 15% of corporate workforce
DALLAS (UPI) -- Southwest Airlines plans to slash 15% of its corporate workforce -- the first mass layoffs in the company's decades-long history -- as the airline looks to cut costs. Southwest announced Monday a "reduction in corporate overhead workforce" that will impact approximately 1,750 employees in leadership positions, including 11 senior leadership positions of vice president and above. "This decision is unprecedented in our 53-year history, and change requires that we make difficult decisions," said Bob Jordan, president, chief executive officer and […]
