Southwest Airlines to slash 15pc of corporate jobs as part of cost-saving plan

Southwest Airlines Job Cuts: Southwest Airlines is reducing its workforce by 1,750 positions to cut costs and enhance efficiency, expecting to save USD 210 million this year. This change includes eliminating 11 senior leadership roles. CEO Bob Jordan aims to make the airline leaner amid financial pressures, despite traditionally avoiding involuntary layoffs. Savings from the cuts are projected to increase to USD 300 million by 2026.