Southwest Airlines cuts almost a fifth of its workforce in company's first mass layoffs
Southwest Airlines plans to cut 1,750 jobs or 15 percent of its corporate workforce, in the US carrier's first company-wide layoffs in its 54-year history. The Dallas-based airline said Monday that the job cuts would be focused almost entirely on “corporate overhead and leadership positions,
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The unconfirmed combination could hold benefits for both carriers, but would likely encounter significant regulatory hurdles.
Southwest Airlines laying off more than 1,700 workers
About 600 of those employees are at the company's Dallas headquarters and maintenance facility. The company said the layoffs will save about $210 million this year.
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The reduction also includes leadership positions, Southwest said, adding it would eliminate 11 senior leadership roles — which represents 15% of the company's senior management committee.
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Days after Southwest announced its first layoffs in company history, a C-suite executive who has been with the company for over two decades stepped down. Aviation experts weigh in on the future of the airline after passengers and employees are left wondering.
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