In total, 1,750 jobs will be affected, including 11 senior leadership positions, as the carrier strives to build a “leaner ...
Southwest Airlines (LUV) is about to implement its first-ever major job cut in 53 years, reducing 15% of its corporate staff.
Dallas, Texas-based Southwest Airlines Co. (LUV ... Its adjusted EPS of $0.56 exceeded Wall Street expectations of $0.45. The company’s revenue was $6.9 billion, missing Wall Street forecasts ...
The layoffs, which the company expects to complete by the end of the second quarter, are estimated to net $210 million in ...
Southwest Airlines' layoffs in 2025 have sent shockwaves across the industry, as America’s most beloved airline is known for ...
Wall Street pointed toward gains before the ... Futures for the Dow Jones Industrial Average ticked up 0.1%. Southwest Airlines rose 1.9% after the carrier announced that it was eliminating ...
Dallas-based Southwest Airlines is cutting 15% of its corporate staff, it announced Monday. The layoffs amount to about 1,750 ...
Baidu Q4 beats top-line and bottom-line estimates. Southwest expands cost-cutting by announcing 15% reduction in corporate ...
The recently reported quarterly results of major airlines reflected strong travel demand despite a hike in airfares. Moreover, lower jet fuel prices helped in boosting profitability. The rebound in ...