Southwest Airlines to slash 15% of corporate jobs in 'unprecedented' move to cut costs

Submitted ⁨⁨1⁩ ⁨week⁩ ago⁩ by ⁨MicroWave@lemmy.world⁩ to ⁨economics@lemmy.world⁩

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Southwest said it would cut about 15% of its corporate workforce, or 1,750 jobs.
The airline has been under pressure to cut costs.
CEO Bob Jordan said it was the company’s first large-scale layoff.

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Prox@lemmy.world ⁨1⁩ ⁨week⁩ ago
Line must go up

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- adarza@lemmy.ca ⁨1⁩ ⁨week⁩ ago
  could perhaps also be that they’re expecting an extended period of lower demand due to ‘current events’
  
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dangling_cat@lemmy.blahaj.zone ⁨1⁩ ⁨week⁩ ago
Southwest was purchased by a private equity firm, so it’s only going to go down from here.

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