Southwest Airlines’ plans for its first-ever mass layoff is not expected to include any labor cuts or changes to operations at BWI Marshall Airport.

Southwest Airlines Co.’s stock rose 0.5% Tuesday, after the carrier said it’s cutting 1,750 corporate positions, equal to 15% of that group, as it moves to cut costs and create a leaner organization.

Southwest Airlines (LUV) is about to implement its first-ever major job cut in 53 years, reducing 15% of its corporate staff. The layoffs are

KEY TAKEAWAYS Shares of Southwest Airlines rose in premarket trading Tuesday after the carrier said it plans to cut 15% of its corporate workforce, eliminating about 1,750 jobs in the first large layoffs in its history.

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.

The company said the cuts, the first round of broad layoffs in the airline’s 53-year history, would affect mostly corporate employees.

Southwest Airlines said Monday it will cut 15% of its corporate workforce, or 1,750 people — the first involuntary layoffs in the company’s history.

The Dallas-based airline said Monday that the job cuts would be focused almost entirely on “corporate overhead and leadership positions,” including senior leadership and directors.

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