Southwest Airlines Announces Further Cost Savings! 15% of the Workforce or 1,750 Positions Will be Eliminated!
Reading Time: 3 minutes
The US low-cost airline Southwest Airlines (LUV) announced in a press release on Monday, February 17, 2025, that it will implement a reduction of approximately 1,750 jobs to advance its transformation plan for the airline and create a leaner and more agile corporate organization. The shares are up nearly 2% in pre-market trading. 15% of jobs or 1,750 positions will be eliminated by the end of Q2 Southwest Airlines had already announced some tough employee decisions in January, including reducing its pilots at certain locations and implementing...
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