Southwest to lay off 15% of its corporate staff, including senior leadership
Southwest Airlines said Monday it will cut 15% of its corporate workforce, or 1,750 people — the first mass layoffs in the ...
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Southwest and activist investor Elliott strike deal to keep CEO Bob Jordan, add six new directors
The deal includes the appointment of six directors to the airline's board and the earlier retirement of Executive Chairman Gary Kelly. Southwest CEO Bob Jordan will keep his job. Southwest ...
Fortune2y
Gary Kelly
Under Kelly, as Fortune chronicled recently, Southwest is looking more like its rivals. It is serving bigger airports—a change of course for an operation that flew past competitors for decades ...
Cranky Flier12d
An Ominous Sign for Southwest’s Future as The Airline Lays People Off for the First Time
Southwest does did not lay people off. In the nearly 54 years since the airline started flying, it never has laid anyone off, and that was a key part of the company lore. But late yesterday, on a ...
Flightglobal12d
Southwest axes 15% of corporate jobs in first-ever layoff
Southwest Airlines has slashed more than 1,750 corporate jobs - including roles in senior management - in its first ...
Business Travel News12d
Southwest to Cut 15 Percent of Corporate Workforce
Southwest Airlines on Monday evening announced a 15 percent reduction in its "corporate overhead workforce," including senior leadership and directors, a move set to affect approximately 1,750 ...
Skift7y
Southwest Expects a Tax Reform Windfall Will Keep Its Momentum Going in 2018
“Unlike the last seven years, we have no major strategic initiative that’s landing in 2018,” said Gary Kelly, Southwest Airlines chairman and CEO. “Capital spending will also be down this ...