Southwest Airlines makes a harsh cost-cutting move
Southwest Airlines (LUV) has had a rough few years. In 2022, the airline’s reputation took a major hit when it canceled over 16,900 flights during a bustling Christmas holiday, leaving over 2 million travelers stranded.
Southwest Airlines pauses corporate hiring, most summer internships to cut costs
In September, the company slashed its flights from Atlanta, eliminating jobs, though staff were able to apply to work out of other bases.
Southwest Airlines is pressing pause on hiring and staff rallies to cut costs
Southwest Airlines is cutting costs.It's pausing corporate hiring, summer internships, and a team-building tradition.The move comes after a dispute with the activist firm Elliott Investment Management.
Southwest Airlines Reportedly Halts Corporate Hiring, Suspends Most Summer Internships To Reduce Costs: Retail Turns Bullish
CEO Bob Jordan reportedly told his staff in a note that the firm is halting corporate hiring and promotions, suspending most summer internships, and doing away with some employee team-building events to reduce costs and better margins.
Southwest Airlines hits pause on corporate hiring, promotions and summer internships to cut costs
Southwest Airlines is hitting pause on corporate hiring, promotions and summer internships to cut costs after months of pressure from an activist investor.
Southwest Airlines pausing corporate hiring and internships: RPT
Southwest Airlines (LUV) is reportedly pausing corporate hiring, summer internship programs, and team-building activities to cut costs, according to CNBC reporting. Catalysts hosts Seana Smith and Madison Mills examine the report and what it means for the budget airline.
Southwest Airlines is freezing hiring and promotions to cut costs: 'Every single dollar matters'
Southwest Airlines (LUV)’ cost-cutting is taking off in a big way. The seventh-largest airline in the world by revenue said it would pause corporate hiring and promotions and suspend most summer internships.
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Southwest Airlines pauses some hirings, internships, and rallies to reduce costs
Southwest said that it will continue to evaluate its hiring needs on an ongoing basis to determine when it makes the most sense to restart hiring.
Southwest halts corporate hiring, employee rallies in ‘cost discipline’ move
Southwest Airlines has stopped hiring corporate workers and is nixing its signature employee rallies as leaders try to cut costs. Amid a vicious fight with an activist investor for control of the company,
Southwest Airlines Puts Freeze on Corporate Hiring
Southwest Airlines (WN) aims to reduce costs and improve its margins by placing a freeze on hiring. The airline will also delay other activities, such as team building and offering internships during the summer.
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